Bill Text: TX HB3380 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the inclusion of certain public safety facilities in a tax increment financing reinvestment zone and the making of improvements to public safety infrastructure in a zone.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2019-05-01 - Left pending in committee [HB3380 Detail]
Download: Texas-2019-HB3380-Introduced.html
86R12999 SMH-F | ||
By: Johnson of Harris | H.B. No. 3380 |
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relating to the inclusion of certain public safety facilities in a | ||
tax increment financing reinvestment zone and the making of | ||
improvements to public safety infrastructure in a zone. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 311.002(1), Tax Code, is amended to read | ||
as follows: | ||
(1) "Project costs" means the expenditures made or | ||
estimated to be made and monetary obligations incurred or estimated | ||
to be incurred by the municipality or county designating a | ||
reinvestment zone that are listed in the project plan as costs of | ||
public works, public improvements, programs, or other projects | ||
benefiting the zone, plus other costs incidental to those | ||
expenditures and obligations. "Project costs" include: | ||
(A) capital costs, including the actual costs of | ||
the acquisition and construction of public works, public | ||
improvements, new buildings, structures, and fixtures; the actual | ||
costs of the acquisition, demolition, alteration, remodeling, | ||
repair, or reconstruction of existing buildings, structures, and | ||
fixtures; the actual costs of the remediation of conditions that | ||
contaminate public or private land or buildings; the actual costs | ||
of the preservation of the facade of a public or private building; | ||
the actual costs of the demolition of public or private buildings; | ||
and the actual costs of the acquisition of land and equipment and | ||
the clearing and grading of land; | ||
(B) financing costs, including all interest paid | ||
to holders of evidences of indebtedness or other obligations issued | ||
to pay for project costs and any premium paid over the principal | ||
amount of the obligations because of the redemption of the | ||
obligations before maturity; | ||
(C) real property assembly costs; | ||
(D) professional service costs, including those | ||
incurred for architectural, planning, engineering, and legal | ||
advice and services; | ||
(E) imputed administrative costs, including | ||
reasonable charges for the time spent by employees of the | ||
municipality or county in connection with the implementation of a | ||
project plan; | ||
(F) relocation costs; | ||
(G) organizational costs, including the costs of | ||
conducting environmental impact studies or other studies, the cost | ||
of publicizing the creation of the zone, and the cost of | ||
implementing the project plan for the zone; | ||
(H) interest before and during construction and | ||
for one year after completion of construction, whether or not | ||
capitalized; | ||
(I) the cost of operating the reinvestment zone | ||
and project facilities; | ||
(J) the amount of any contributions made by the | ||
municipality or county from general revenue for the implementation | ||
of the project plan; | ||
(K) the costs of school buildings, other | ||
educational buildings, other educational facilities, or other | ||
buildings owned by or on behalf of a school district, community | ||
college district, or other political subdivision of this state; | ||
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(L) payments made at the discretion of the | ||
governing body of the municipality or county that the governing | ||
body finds necessary or convenient to the creation of the zone or to | ||
the implementation of the project plans for the zone; and | ||
(M) costs associated with improvements to fire | ||
and police stations. | ||
SECTION 2. Section 311.006, Tax Code, is amended by adding | ||
Subsection (a-1) to read as follows: | ||
(a-1) A municipality may not designate an area as a | ||
reinvestment zone unless the area includes: | ||
(1) police stations that, in the aggregate, serve a | ||
majority of the area included in the zone; and | ||
(2) fire stations that, in the aggregate, serve a | ||
majority of the area included in the zone. | ||
SECTION 3. Section 311.011, Tax Code, is amended by adding | ||
Subsection (i) to read as follows: | ||
(i) The project plan must include a plan for making any | ||
necessary improvements to the public safety infrastructure in the | ||
zone. | ||
SECTION 4. The changes in law made by this Act apply only to | ||
a reinvestment zone designated by a municipality under Chapter 311, | ||
Tax Code, on or after the effective date of this Act. | ||
SECTION 5. 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, 2019. |