BILL ANALYSIS
Senate Research Center |
C.S.H.B. 303 |
86R30591 CLG-D |
By: Paul (Taylor) |
|
Natural Resources & Economic Development |
|
5/3/2019 |
|
Committee Report (Substituted) |
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. (Original Author's/Sponsor's Statement of Intent).
C.S.H.B. 303 amends current law relating to entities eligible to authorize the creation of spaceport development corporations and to the powers of those corporations.
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. Amends Section 507.103, Local Government Code, by amending Subsection (a) and adding Subsection (a-1), as follows:
(a) Provides that this section (Eminent Domain) does not apply to a spaceport development corporation whose authorizing� entity is a single municipality with a population of two million or more.
(a-1) Creates this subsection from existing text and makes no further changes.��
SECTION 4. Effective date: upon passage or September 1, 2019.