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By: Oliveira, et al. (Senate Sponsor - Harris) |
H.B. No. 773 |
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(In the Senate - Received from the House April 1, 2009; |
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April 24, 2009, read first time and referred to Committee on |
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Administration; May 19, 2009, rereferred to Committee on Economic |
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Development; May 22, 2009, reported favorably by the following |
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vote: Yeas 5, Nays 0; May 22, 2009, sent to printer.) |
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A BILL TO BE ENTITLED
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AN ACT
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relating to extending the expiration date of the Property |
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Redevelopment and Tax Abatement Act. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 312.006, Tax Code, as amended by |
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Chapters 1029 (H.B. 1449) and 1505 (H.B. 1200), Acts of the 77th |
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Legislature, Regular Session, 2001, is amended to read as follows: |
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Sec. 312.006. EXPIRATION DATE. If not continued in effect, |
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this chapter expires September 1, 2019 [2009]. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2009. |
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* * * * * |