By: Taylor  S.B. No. 2072
         (In the Senate - Filed March 7, 2019; March 21, 2019, read
  first time and referred to Committee on Intergovernmental
  Relations; April 26, 2019, reported adversely, with favorable
  Committee Substitute by the following vote:  Yeas 6, Nays 1;
  April 26, 2019, sent to printer.)
Click here to see the committee vote
 
  COMMITTEE SUBSTITUTE FOR S.B. No. 2072 By:  Alvarado
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to the authority of a development corporation created by
  the Gulf Coast Authority to finance certain projects.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 3.01, Chapter 409, Acts of the 61st
  Legislature, Regular Session, 1969, is amended by adding Subsection
  (g) to read as follows:
         (g)  A development corporation created by the authority
  under Chapter 501, Local Government Code, may finance:
               (1)  projects described by Subchapter C, Chapter 501,
  Local Government Code, located inside or outside this state; and
               (2)  qualified improvements as defined by Section
  399.002, Local Government Code, located inside or outside this
  state in the same manner and to the same extent as a municipality or
  county may do so under Chapter 399 of that code.
         SECTION 2.  This Act takes effect September 1, 2019.
 
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