By: Thierry H.B. No. 3692
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
 
  relating to the facilities that may be financed by a public
  facilities corporation.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 303.003(7), Local Government Code, is
  amended to read as follows:
               (7)  "Public facility" means any real, personal, or
  mixed property, or an interest in property devoted or to be devoted
  to public use, and authorized to be financed, refinanced, or
  provided by sponsor obligations or bonds issued under this chapter.  
  The term includes a grocery store or an early learning center
  located in an economically disadvantaged census tract as defined by
  Section 783.009(b), Government Code.
         SECTION 2.  This Act takes effect September 1, 2019.