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A BILL TO BE ENTITLED
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AN ACT
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relating to information included in the report of the Texas |
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Economic Development Bank regarding the enterprise zone program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2303.052, Government Code, is amended to |
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read as follows: |
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Sec. 2303.052. BANK REPORT REGARDING PROGRAM. The bank |
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must include the following information regarding the enterprise |
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zone program in the report required by Section 489.107: |
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(1) an evaluation of the effectiveness of the program; |
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(2) a description of the use of state and local |
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incentives under this chapter and their effect on revenue; |
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(3) an analysis of the performance of each individual |
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enterprise project, compiled from information obtained under |
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Sections 2303.205 and 2303.504(c); and |
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(4) [(3)] suggestions for legislation with regard to |
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the program. |
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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, 2013. |
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* * * * * |