Bill Text: TX HB470 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to the eligibility of certain municipalities to implement a homestead land bank program.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-02-16 - Referred to Urban Affairs [HB470 Detail]
Download: Texas-2017-HB470-Introduced.html
85R3011 JG-F | ||
By: Johnson of Dallas | H.B. No. 470 |
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relating to the eligibility of certain municipalities to implement | ||
a homestead land bank program. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 373A.003, Local Government Code, is | ||
amended to read as follows: | ||
Sec. 373A.003. APPLICABILITY OF CHAPTER. [ |
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chapter applies to: | ||
(1) a municipality with a population of more than | ||
750,000 that is located in a uniform state service region with fewer | ||
than 550,000 occupied housing units as determined by the most | ||
recent United States decennial census; and[ |
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(2) a [ |
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municipality with a population of 1.18 million or more which is | ||
located predominantly in a county that has a total area of less than | ||
1,000 square miles and has adopted an urban land bank demonstration | ||
program under Chapter 379C, Local Government Code. | ||
SECTION 2. Section 373A.052, Local Government Code, is | ||
amended by amending Subsections (a) and (b) to read as follows: | ||
(a) To be designated as a district within a municipality | ||
described by Section 373A.003(1) [ |
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subchapter, an area must be composed of census tracts forming a | ||
spatially compact area with: | ||
(1) fewer than 75,000 residents; | ||
(2) an overall poverty rate that is at least two times | ||
the poverty rate for the entire municipality; and | ||
(3) in each census tract within the area, a median | ||
family income that is less than 80 percent of the median family | ||
income for the entire municipality. | ||
(b) To be designated as a district within a municipality | ||
described by Section 373A.003(2) [ |
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subchapter, an area must be composed of census tracts forming a | ||
spatially compact area contiguous to a central business district | ||
and with: | ||
(1) fewer than 75,000 residents; | ||
(2) a median family income that is less than $30,000 | ||
according to the last decennial census; and | ||
(3) an overall poverty rate that is at least two times | ||
the poverty rate for the entire municipality. | ||
SECTION 3. This Act takes effect September 1, 2017. |