|
|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to the use of sales tax revenue collected under certain |
|
contracts. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Subchapter G, Chapter 54, Water Code, is amended |
|
by adding Section 54.605 to read as follows: |
|
Sec. 54.605. USE OF SALES TAX REVENUE UNDER CERTAIN |
|
CONTRACTS. (a) This section applies only to: |
|
(1) a district located in a county with a population of |
|
550,000 or more and included in: |
|
(A) the Harris-Galveston Subsidence District; or |
|
(B) the Fort Bend Subsidence District; |
|
(2) a municipality with a population of one million or |
|
more that is included in the Harris-Galveston Subsidence District; |
|
and |
|
(3) money received by a municipality under Chapter |
|
321, Tax Code, from sales or uses consummated within the district, a |
|
percentage of which is distributed to the district by the |
|
municipality under the terms of a contract with the municipality, |
|
including a strategic partnership agreement authorized by Section |
|
43.0751, Local Government Code. |
|
(b) Except as provided by Subsection (c), the municipality |
|
must use at least 50 percent of the municipality's share of the |
|
money described by Subsection (a)(3) for drainage or road projects |
|
that: |
|
(1) are located or conducted within the district or |
|
within five miles of the district's boundary; |
|
(2) benefit residents of the district; and |
|
(3) if they include a major thoroughfare, are |
|
consistent with the major thoroughfare plan of the county in which |
|
the project is located. |
|
(c) This section applies to a contract or strategic |
|
partnership agreement entered into before September 1, 2019, only |
|
to the extent that the provisions of Subsection (b) do not impair |
|
obligations under the provisions of the contract or agreement. |
|
SECTION 2. This Act takes effect September 1, 2019. |