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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of certain municipalities to enter into |
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an agreement with a school district to dedicate revenue from a tax |
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increment fund to the district for the acquisition, construction, |
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or reconstruction of an educational facility. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 311.0085(a), Tax Code, is amended to |
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read as follows: |
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(a) This section applies only to a municipality with a |
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population of less than 130,000 as shown by the 2000 federal |
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decennial census that has[:
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[(1)] territory in three counties[; and
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[(2) a population of less than 120,000]. |
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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. |