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A BILL TO BE ENTITLED
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AN ACT
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relating to the use of sales tax revenue collected under certain |
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contracts. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter G, Chapter 54, Water Code, is amended |
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by adding Section 54.605 to read as follows: |
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Sec. 54.605. USE OF SALES TAX REVENUE UNDER CERTAIN |
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CONTRACTS. (a) This section applies only to: |
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(1) a district located in a county with a population of |
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550,000 or more and included in: |
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(A) the Harris-Galveston Subsidence District; or |
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(B) the Fort Bend Subsidence District; |
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(2) a municipality with a population of 1,000,000 or |
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more that is included in the Harris-Galveston Subsidence District; |
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and |
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(3) money received by a municipality under Chapter |
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321, Tax Code, from sales or uses consummated within the district, a |
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percentage of which is distributed to the district by the |
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municipality under the terms of a contract with the municipality, |
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including a strategic partnership agreement authorized by Section |
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43.0751, Local Government Code. |
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(b) Except as provided by Subsection (c), the municipality |
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and the district must each use at least 50 percent of the money |
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described by Subsection (a)(3) for drainage or road projects that: |
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(1) are located or conducted within the district or |
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within five miles of the district's boundary; |
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(2) benefit residents of the district; |
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(3) are consistent with the major thoroughfare plan of |
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the county in which the project is located; and |
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(4) are not required to be undertaken by the |
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municipality, the district, or another person under applicable |
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platting regulations of the county in which the project is located. |
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(c) This section applies to a contract or strategic |
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partnership agreement entered into before September 1, 2015, only |
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to the extent that the provisions of Subsection (b) do not impair |
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obligations under the provisions of the contract or agreement. |
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SECTION 2. This Act takes effect September 1, 2015. |