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
 
 
 
 
AN ACT
  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       
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