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.
Sponsorship: Partisan Bill (Democrat 1)
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. | ||
