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A BILL TO BE ENTITLED
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AN ACT
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relating to entities eligible to authorize the creation of a |
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spaceport development corporation. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 507.003, Local Government Code, is |
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amended to read as follows: |
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Sec. 507.003. AUTHORITY TO CREATE CORPORATION BY ELIGIBLE |
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ENTITIES. The following entities are eligible to authorize the |
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creation under this subtitle of a spaceport development |
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corporation: |
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(1) a county; [or] |
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(2) a municipality with a population of two million or |
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more; or |
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(3) a combination of one or more municipalities and |
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one or more counties. |
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SECTION 2. Section 507.051, Local Government Code, is |
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amended by amending Subsection (b) and adding Subsection (b-1) to |
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read as follows: |
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(b) If a single county authorizes the creation of a |
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spaceport development corporation, the commissioners court of the |
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county shall appoint the directors of the corporation. If a single |
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municipality authorizes the creation of a spaceport development |
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corporation under Section 507.003(2), the governing body of the |
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municipality shall appoint the directors of the corporation. |
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(b-1) If more than one political subdivision authorizes the |
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creation of a spaceport development corporation, the governing |
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bodies of the political subdivisions shall appoint the directors |
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through written agreement between the governing bodies. |
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SECTION 3. 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, 2019. |