Bill Text: TX SB1465 | 2017-2018 | 85th Legislature | Comm Sub

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the authority of certain ex officio members of the board of directors of a tax increment financing reinvestment zone to elect not to serve on the board.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2017-06-09 - Effective on 9/1/17 [SB1465 Detail]

Download: Texas-2017-SB1465-Comm_Sub.html
 
 
  By: Taylor of Galveston S.B. No. 1465
 
  (Bonnen of Galveston)
 
   
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the authority of certain ex officio members of the board
  of directors of a tax increment financing reinvestment zone to
  elect not to serve on the board.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Chapter 311, Tax Code, is amended by adding
  Section 311.0092 to read as follows:
         Sec. 311.0092.  NOTICE TO STATE SENATOR AND STATE
  REPRESENTATIVE; WAIVER OF SERVICE ON BOARD. (a)  Not later than
  the 90th day after the date a member of the state senate or state
  house of representatives who is an ex officio member of the board of
  directors of a reinvestment zone under Section 311.009(b) or
  311.0091(c), as applicable, is elected to the state senate or the
  state house of representatives, as applicable, at a general or
  special election, the board shall send to the member of the state
  senate or state house of representatives written notice by
  certified mail informing the state senator or state representative
  of the person's membership on the board.
         (b)  Notwithstanding Section 311.009(b) or 311.0091(c), as
  applicable, a state senator or state representative may elect not
  to serve on the board or designate another individual to serve in
  the member's place.  If the state senator or state representative
  elects not to serve on the board or designate another individual to
  serve in the member's place, the state senator or state
  representative shall notify the board in writing as soon as
  practicable after receipt of the notice under Subsection (a) by
  certified mail and may not be counted as a member of the board for
  voting or quorum purposes.
         SECTION 2.  This Act takes effect September 1, 2017.
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