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A BILL TO BE ENTITLED
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AN ACT
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relating to ownership of a license or permit authorizing the sale of |
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alcoholic beverages at a facility owned by a municipality or |
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county. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter D, Chapter 109, Alcoholic Beverage |
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Code, is amended by adding Section 109.5305 to read as follows: |
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Sec. 109.5305. OWNERSHIP OF LICENSE OR PERMIT FOR A |
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BUILDING OWNED BY A MUNICIPALITY OR COUNTY. The provision of |
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Section 109.53 or a rule adopted by the commission prohibiting |
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subterfuge ownership of a license or permit or the premises covered |
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by a license or permit does not apply to a facility owned by a |
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municipality or county that is financed with public securities, the |
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interest on which is exempt from federal income taxation under the |
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Internal Revenue Code of 1986, or a license or permit issued for a |
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premises at that facility. |
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SECTION 2. This Act takes effect September 1, 2009. |