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A BILL TO BE ENTITLED
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AN ACT
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relating to the inclusion of certain public safety facilities in a |
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tax increment financing reinvestment zone and the making of |
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improvements to public safety infrastructure in a zone. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 311.002(1), Tax Code, is amended to read |
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as follows: |
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(1) "Project costs" means the expenditures made or |
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estimated to be made and monetary obligations incurred or estimated |
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to be incurred by the municipality or county designating a |
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reinvestment zone that are listed in the project plan as costs of |
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public works, public improvements, programs, or other projects |
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benefiting the zone, plus other costs incidental to those |
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expenditures and obligations. "Project costs" include: |
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(A) capital costs, including the actual costs of |
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the acquisition and construction of public works, public |
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improvements, new buildings, structures, and fixtures; the actual |
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costs of the acquisition, demolition, alteration, remodeling, |
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repair, or reconstruction of existing buildings, structures, and |
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fixtures; the actual costs of the remediation of conditions that |
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contaminate public or private land or buildings; the actual costs |
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of the preservation of the facade of a public or private building; |
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the actual costs of the demolition of public or private buildings; |
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and the actual costs of the acquisition of land and equipment and |
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the clearing and grading of land; |
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(B) financing costs, including all interest paid |
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to holders of evidences of indebtedness or other obligations issued |
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to pay for project costs and any premium paid over the principal |
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amount of the obligations because of the redemption of the |
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obligations before maturity; |
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(C) real property assembly costs; |
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(D) professional service costs, including those |
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incurred for architectural, planning, engineering, and legal |
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advice and services; |
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(E) imputed administrative costs, including |
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reasonable charges for the time spent by employees of the |
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municipality or county in connection with the implementation of a |
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project plan; |
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(F) relocation costs; |
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(G) organizational costs, including the costs of |
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conducting environmental impact studies or other studies, the cost |
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of publicizing the creation of the zone, and the cost of |
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implementing the project plan for the zone; |
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(H) interest before and during construction and |
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for one year after completion of construction, whether or not |
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capitalized; |
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(I) the cost of operating the reinvestment zone |
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and project facilities; |
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(J) the amount of any contributions made by the |
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municipality or county from general revenue for the implementation |
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of the project plan; |
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(K) the costs of school buildings, other |
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educational buildings, other educational facilities, or other |
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buildings owned by or on behalf of a school district, community |
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college district, or other political subdivision of this state; |
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[and] |
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(L) payments made at the discretion of the |
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governing body of the municipality or county that the governing |
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body finds necessary or convenient to the creation of the zone or to |
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the implementation of the project plans for the zone; and |
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(M) costs associated with improvements to fire |
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and police stations. |
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SECTION 2. Section 311.006, Tax Code, is amended by adding |
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Subsection (a-1) to read as follows: |
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(a-1) A municipality may not designate an area as a |
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reinvestment zone unless the area includes: |
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(1) police stations that, in the aggregate, serve a |
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majority of the area included in the zone; and |
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(2) fire stations that, in the aggregate, serve a |
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majority of the area included in the zone. |
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SECTION 3. Section 311.011, Tax Code, is amended by adding |
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Subsection (i) to read as follows: |
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(i) The project plan must include a plan for making any |
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necessary improvements to the public safety infrastructure in the |
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zone. |
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SECTION 4. The changes in law made by this Act apply only to |
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a reinvestment zone designated by a municipality under Chapter 311, |
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Tax Code, on or after the effective date of this Act. |
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SECTION 5. 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. |