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By: Cole (Senate Sponsor - Alvarado) |
H.B. No. 2617 |
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(In the Senate - Received from the House May 6, 2019; |
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May 7, 2019, read first time and referred to Committee on |
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Intergovernmental Relations; May 17, 2019, reported favorably by |
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the following vote: Yeas 7, Nays 0; May 17, 2019, sent to printer.) |
| Click here to see the committee vote |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the fiscal year of certain political subdivisions. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Chapter 140, Local Government Code, is amended |
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by adding Section 140.012 to read as follows: |
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Sec. 140.012. FISCAL YEAR OF CERTAIN POLITICAL SUBDIVISIONS |
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CREATED ON OR AFTER SEPTEMBER 1, 2019. (a) This section does not |
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apply to a political subdivision that is a special district created |
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under Section 52, Article III, or Section 59, Article XVI, Texas |
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Constitution. |
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(b) A political subdivision that is created on or after |
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September 1, 2019, and that has authority to impose a tax must have |
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the same fiscal year as the county in which the political |
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subdivision is wholly or primarily located. |
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SECTION 2. This Act takes effect September 1, 2019. |
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