BILL ANALYSIS |
H.B. 479 |
By: Orr |
Economic & Small Business Development |
Committee Report (Unamended) |
BACKGROUND AND PURPOSE
Current law requires a board of directors of a Type A or Type B economic development corporation to meet within the boundaries of the authorizing municipality. This restriction makes it difficult for a board in a small county to work with other corporations and to conduct joint projects. H.B. 479 allows a board of directors of a Type A or Type B economic development corporation more flexibility in the location of a board meeting.
|
RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.
|
ANALYSIS
H.B. 479 amends the Local Government Code to authorize the board of directors of a Type A or Type B economic development corporation, if the corporation's authorizing municipality is located in a county with a population of less than 30,000, to conduct a board meeting outside the boundaries of the authorizing municipality but within the boundaries of the county. The bill makes conforming changes.
|
EFFECTIVE DATE
On passage, or, if the bill does not receive the necessary vote, September 1, 2011.
|