Bill Text: TX HB3302 | 2011-2012 | 82nd Legislature | Enrolled
Bill Title: Relating to the authority of certain Type A economic development corporations to undertake certain categories of projects.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Passed) 2011-06-17 - Effective immediately [HB3302 Detail]
Download: Texas-2011-HB3302-Enrolled.html
| H.B. No. 3302 | ||
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| relating to the authority of certain Type A economic development | ||
| corporations to undertake certain categories of projects. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter D, Chapter 504, Local Government | ||
| Code, is amended by adding Section 504.171 to read as follows: | ||
| Sec. 504.171. AUTHORITY OF CERTAIN CORPORATIONS TO | ||
| UNDERTAKE TYPE B PROJECTS. (a) This section applies only to a Type | ||
| A corporation the creation of which was authorized by a | ||
| municipality: | ||
| (1) that has also authorized the creation of a Type B | ||
| corporation; and | ||
| (2) that has a population of 7,500 or less. | ||
| (b) Notwithstanding Section 504.152, if permitted by | ||
| ordinance of the authorizing municipality, a Type A corporation to | ||
| which this section applies may undertake any project that a Type B | ||
| corporation, the creation of which was authorized by the same | ||
| municipality, may undertake under Chapter 505. | ||
| (c) The governing body of an authorizing municipality may by | ||
| ordinance revoke any authority granted to a Type A corporation | ||
| under Subsection (b). A revocation under this subsection does not | ||
| affect the authority of a corporation to complete a project already | ||
| undertaken or the obligation to repay any debt incurred in | ||
| connection with a project under Subsection (b). | ||
| SECTION 2. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2011. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I certify that H.B. No. 3302 was passed by the House on April | ||
| 21, 2011, by the following vote: Yeas 148, Nays 0, 1 present, not | ||
| voting; that the House refused to concur in Senate amendments to | ||
| H.B. No. 3302 on May 21, 2011, and requested the appointment of a | ||
| conference committee to consider the differences between the two | ||
| houses; and that the House adopted the conference committee report | ||
| on H.B. No. 3302 on May 26, 2011, by the following vote: Yeas 144, | ||
| Nays 0, 1 present, not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| I certify that H.B. No. 3302 was passed by the Senate, with | ||
| amendments, on May 18, 2011, by the following vote: Yeas 31, Nays | ||
| 0; at the request of the House, the Senate appointed a conference | ||
| committee to consider the differences between the two houses; and | ||
| that the Senate adopted the conference committee report on H.B. No. | ||
| 3302 on May 27, 2011, by the following vote: Yeas 31, Nays 0 | ||
| . | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| APPROVED: __________________ | ||
| Date | ||
| __________________ | ||
| Governor | ||
