Bill Text: TX HB1156 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the establishment of an electronic information and application system for state and local incentives for economic development purposes.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2015-03-19 - Left pending in committee [HB1156 Detail]
Download: Texas-2015-HB1156-Introduced.html
84R5009 CLG-D | ||
By: Alvarado | H.B. No. 1156 |
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relating to the establishment of an electronic information and | ||
application system for state and local incentives for economic | ||
development purposes. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subtitle G, Title 10, Government Code, is | ||
amended by adding Chapter 2301 to read as follows: | ||
CHAPTER 2301. ELECTRONIC ECONOMIC DEVELOPMENT INCENTIVES | ||
INFORMATION AND APPLICATION SYSTEM | ||
Sec. 2301.001. DEFINITIONS. In this chapter: | ||
(1) "Department," "electronic government project," | ||
"local government," and "state electronic Internet portal" have the | ||
meanings assigned by Section 2054.003. | ||
(2) "Monetary incentive" means a grant, loan, or other | ||
form of monetary incentive paid from state or local government | ||
revenues that a business entity may receive in exchange for or as a | ||
result of conducting an activity with an economic development | ||
purpose. | ||
(3) "State agency" means a department, commission, | ||
board, office, council, authority, or other state agency in the | ||
executive branch of state government. | ||
(4) "Tax incentive" means any exemption, deduction, | ||
credit, exclusion, waiver, rebate, discount, deferral, or other | ||
abatement or reduction of state or local government tax liability | ||
of a business entity that the business entity may receive in | ||
exchange for or as a result of conducting an activity with an | ||
economic development purpose. | ||
Sec. 2301.002. ESTABLISHMENT OF PROJECT. The department | ||
shall establish an electronic government project to develop an | ||
Internet website accessible through the state electronic Internet | ||
portal that: | ||
(1) provides a single location that a business entity | ||
considering relocating to or expanding in this state may use to | ||
receive information relating to state and local government monetary | ||
and tax incentives for which the entity may be qualified; | ||
(2) includes an interactive tool that allows a | ||
business entity to: | ||
(A) determine whether the entity may be eligible | ||
for any state or local government monetary or tax incentive in this | ||
state; and | ||
(B) receive an estimate of the state and local | ||
government monetary and tax incentives for which the entity may be | ||
eligible; | ||
(3) allows, when feasible, the business entity to fill | ||
out one application for all state and local government monetary and | ||
tax incentives for which the entity may be eligible; and | ||
(4) allows, when feasible, for the application to be | ||
submitted to each state agency or local government that offers the | ||
monetary or tax incentive for which the business entity may be | ||
eligible. | ||
Sec. 2301.003. ESTABLISHING AND OPERATING PROJECT; | ||
COORDINATION. In establishing and operating the electronic | ||
government project under this chapter, the department, in | ||
coordination with the Texas Economic Development and Tourism Office | ||
and the comptroller, and with the assistance of officials of local | ||
governments, shall direct, coordinate, and assist state agencies | ||
and local governments in establishing and using: | ||
(1) a common electronic application and reporting | ||
system, including: | ||
(A) a standard format for announcing monetary and | ||
tax incentive opportunities; | ||
(B) standard data elements for use in creating | ||
monetary and tax incentive opportunity announcement summaries, | ||
including existing monetary and tax incentives and search | ||
functions; and | ||
(C) a common application form for a person to use | ||
in applying for a monetary or tax incentive from multiple state | ||
agencies and local governments; and | ||
(2) a process for: | ||
(A) improving interagency and intergovernmental | ||
coordination of information collection and sharing of data relating | ||
to monetary and tax incentives; and | ||
(B) improving the timeliness, completeness, and | ||
quality of applications received by a state agency or local | ||
government for monetary and tax incentives. | ||
SECTION 2. This Act takes effect September 1, 2015. |