Bill Text: TX HB545 | 2013-2014 | 83rd Legislature | Engrossed
Bill Title: Relating to the authority of a municipality to authorize the creation of a spaceport development corporation.
Sponsorship: Moderate Partisan Bill (Republican 4-1)
Status: (Engrossed - Dead) 2013-05-03 - Referred to Economic Development [HB545 Detail]
Download: Texas-2013-HB545-Engrossed.html
| 83R2311 ATP-F | ||
| By: J. Davis of Harris, Oliveira, Craddick, | H.B. No. 545 | |
| Anderson, et al. | ||
|
|
||
|
|
||
| relating to the authority of a municipality to authorize the | ||
| creation of a spaceport development corporation. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 507.003, Local Government Code, is | ||
| amended to read as follows: | ||
| Sec. 507.003. AUTHORITY TO CREATE CORPORATION BY ELIGIBLE | ||
| ENTITIES. The following entities are eligible to authorize the | ||
| creation under this subtitle of a spaceport development | ||
| corporation: | ||
| (1) a county; | ||
| (2) a municipality; or | ||
| (3) [ |
||
| and one or more counties. | ||
| SECTION 2. Section 507.051(b), Local Government Code, is | ||
| amended to read as follows: | ||
| (b) If a single political subdivision [ |
||
| the creation of a spaceport development corporation, the governing | ||
| body of the political subdivision [ |
||
|
|
||
| than one political subdivision authorizes the creation of a | ||
| spaceport development corporation, the governing bodies of the | ||
| political subdivisions shall appoint the directors through written | ||
| agreement between the governing bodies. | ||
| SECTION 3. 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, 2013. | ||
