BILL ANALYSIS

Senate Research Center	H.B. 303
86R3423 CLG-D	By: Paul (Taylor)
	Natural Resources & Economic Development
	4/29/2019
	Engrossed

AUTHOR'S / SPONSOR'S STATEMENT OF INTENT

It has been noted that while certain municipalities possess the necessary resources and infrastructure to independently pursue a spaceport development corporation, they must partner with a county to do so. H.B. 303 seeks to allow certain municipalities to authorize the creation of a spaceport development corporation without having to partner with a county.

H.B. 303 amends current law relating to entities eligible to authorize the creation of a spaceport development corporation.

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 507.003, Local Government Code, as follows:

Sec. 507.003. AUTHORITY TO CREATE CORPORATION BY ELIGIBLE ENTITIES. Provides that the following entities are eligible to authorize the creation under this subtitle (Additional Planning and Developmental Provisions Applying to More Than One Type of Local Government) of a spaceport development corporation:

(1) makes a nonsubstantive change to this subdivision;

(2) a municipality with a population of two million or more; or

(3) creates this subdivision from existing text and makes no further changes.

SECTION 2. Amends Section 507.051, Local Government Code, by amending Subsection (b) and adding Subsection (b-1), as follows:

(b) Requires the governing body of the municipality, if a single municipality authorizes the creation of a spaceport development corporation under Section 507.003(2), to appoint the directors of the corporation.

(b-1) Creates this subsection from existing text and makes no further changes.

SECTION 3. Effective date: upon passage or September 1, 2019.