Bill Text: TX HB4242 | 2021-2022 | 87th Legislature | Comm Sub


Bill Title: Relating to the extension of the expiration of certain parts of the Texas Economic Development Act.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Engrossed - Dead) 2021-05-22 - Placed on intent calendar [HB4242 Detail]

Download: Texas-2021-HB4242-Comm_Sub.html
 
 
  By: Meyer (Senate Sponsor - Birdwell) H.B. No. 4242
         (In the Senate - Received from the House May 10, 2021;
  May 14, 2021, read first time and referred to Committee on Natural
  Resources & Economic Development; May 21, 2021, reported favorably
  by the following vote:  Yeas 7, Nays 2; May 21, 2021, sent to
  printer.)
Click here to see the committee vote
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to the extension of the expiration of certain parts of the
  Texas Economic Development Act.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 313.007, Tax Code, is amended to read as
  follows:
         Sec. 313.007.  EXPIRATION.  Subchapters B and C expire
  December 31, 2024 [2022].
         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, 2021.
 
  * * * * *
feedback