87R11979 SMH-D
	By: Birdwell	S.B. No. 1255

	A BILL TO BE ENTITLED
	AN ACT
	relating to 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, 2032 [2022].
	SECTION 2.  Section 313.021(5), Tax Code, is amended to read
	as follows:
	(5)  "County average weekly wage for manufacturing
	jobs" means[:
	[(A)]  the average weekly wage in a county for
	manufacturing jobs during the most recent four quarterly periods
	for which data is available at the time a person submits an
	application for a limitation on appraised value under this
	subchapter, as computed by the Texas Workforce Commission[; or
	[(B)  the average weekly wage for manufacturing
	jobs in the region designated for the regional planning commission,
	council of governments, or similar regional planning agency created
	under Chapter 391, Local Government Code, in which the county is
	located during the most recent four quarterly periods for which
	data is available at the time a person submits an application for a
	limitation on appraised value under this subchapter, as computed by
	the Texas Workforce Commission].
	SECTION 3.  Section 313.024(b), Tax Code, is amended to read
	as follows:
	(b)  To be eligible for a limitation on appraised value under
	this subchapter, the entity must use the property for:
	(1)  manufacturing;
	(2)  research and development;
	(3)  a clean coal project, as defined by Section 5.001,
	Water Code;
	(4)  an advanced clean energy project, as defined by
	Section 382.003, Health and Safety Code;
	(5)  [renewable energy electric generation;
	[(6)]  electric power generation using integrated
	gasification combined cycle technology;
	(6) [(7)]  nuclear electric power generation;
	(7) [(8)]  a computer center primarily used in
	connection with one or more activities described by Subdivisions
	(1) through (6) [(7)] conducted by the entity; or
	(8) [(9)]  a Texas priority project.
	SECTION 4.  Section 313.025, Tax Code, is amended by
	amending Subsection (a-1) and adding Subsections (e-1), (e-2), and
	(e-3) to read as follows:
	(a-1)  Within seven days of the receipt of each document, the
	school district shall submit to the comptroller a copy of the
	application and the proposed agreement between the applicant and
	the school district. If the applicant submits an economic analysis
	of the proposed project to the school district, the district shall
	submit a copy of the analysis to the comptroller. In addition, the
	school district shall submit to the comptroller any subsequent
	revision of or amendment to any of those documents within seven days
	of its receipt. [The comptroller shall publish each document
	received from the school district under this subsection on the
	comptroller's Internet website.  If the school district maintains
	a generally accessible Internet website, the district shall provide
	on its website a link to the location of those documents posted on
	the comptroller's website in compliance with this
	subsection.  This subsection does not require the comptroller to
	post information that is confidential under Section 313.028.]
	(e-1)  The governing body of a school district must approve
	or disapprove an application under this subchapter that the
	governing body elects to consider at a regularly scheduled meeting
	of the governing body.
	(e-2)  In addition to any other requirement of law, the
	public notice of a meeting at which the governing body of a school
	district will consider approving an application under this
	subchapter that the governing body elects to consider must contain:
	(1)  the name of the property owner and the name of the
	applicant;
	(2)  the name and location of the reinvestment zone in
	which the qualified property is located;
	(3)  a general description of the qualified investment
	the applicant will make on or in connection with the applicant's
	qualified property; and
	(4)  the estimated amount of the qualified investment
	the applicant will spend or allocate for the project.
	(e-3)  The notice of a meeting required by this section must
	be given in the manner required by Chapter 551, Government Code,
	except that the notice must be provided at least 30 days before the
	scheduled time of the meeting.
	SECTION 5.  Section 313.0265, Tax Code, is amended to read as
	follows:
	Sec. 313.0265.  DATABASE [DISCLOSURE] OF APPRAISED VALUE
	LIMITATION INFORMATION. (a) The comptroller shall create and
	maintain [post] on the comptroller's Internet website a searchable
	database consisting of each document or item of information [the
	comptroller designates as substantive before the 15th day after the
	date the document or item of information was] received or created by
	the comptroller pertaining to[. Each document or item of
	information must continue to be posted until the appraised value
	limitation expires.
	[(b)  The comptroller shall designate the following as
	substantive:
	[(1)]  each application requesting a limitation on
	appraised value[; and
	[(2)  the economic impact evaluation made in connection
	with the application]. This subsection does not require the
	comptroller to include in the database information that is
	confidential under Section 313.028.
	(b) [(c)]  If a school district maintains a generally
	accessible Internet website, the district shall maintain a link on
	its Internet website to the area of the comptroller's Internet
	website where the database [information on each of the district's
	agreements to limit appraised value] is maintained.
	SECTION 6.  Section 313.031, Tax Code, is amended by adding
	Subsection (a-1) and amending Subsection (b) to read as follows:
	(a-1)  The comptroller is not required to adopt forms under
	Subsection (a) by rule.
	(b)  The governing body of a school district by official
	action shall establish reasonable nonrefundable application fees
	to be paid by property owners who apply to the district for a
	limitation on the appraised value of the person's property under
	this subchapter. The amount of an application fee must be
	reasonable and may not exceed the lesser of:
	(1)  the estimated cost to the district of processing
	and acting on an application, including any cost to the school
	district associated with the economic impact evaluation required by
	Section 313.025; or
	(2)  $50,000.
	SECTION 7.  Section 313.032, Tax Code, is amended by adding
	Subsection (e) to read as follows:
	(e)  Notwithstanding Subsection (d), a former recipient is
	not required to submit to the comptroller information pertaining to
	an ad valorem tax year following the final ad valorem tax year
	covered by the agreement, except that the former recipient shall
	submit to the comptroller:
	(1)  the market value of the qualified property of the
	former recipient as determined by the applicable chief appraiser
	for each year in which the owner is required to maintain a viable
	presence in the school district as provided by Section
	313.027(f)(3); and
	(2)  any other information required by the comptroller.
	SECTION 8.  Section 313.024(e)(2), Tax Code, is repealed.
	SECTION 9.  The changes in law made by this Act apply only to
	an agreement entered into under Chapter 313, Tax Code, pursuant to
	an application filed under that chapter on or after the effective
	date of this Act.  An agreement entered into under that chapter
	pursuant to an application filed before the effective date of this
	Act is governed by the law in effect on the date the application was
	filed, and the former law is continued in effect for that purpose.
	SECTION 10.  This Act takes effect September 1, 2021.