Bill Text: TX SB1574 | 2011-2012 | 82nd Legislature | Engrossed
Bill Title: Relating to the use of money in a tax increment fund to pay costs related to public improvements used for social services programs that promote the development or redevelopment of a reinvestment zone.
Sponsorship: Partisan Bill (Democrat 2)
Status: (Engrossed - Dead) 2011-05-19 - Referred to Ways & Means [SB1574 Detail]
Download: Texas-2011-SB1574-Engrossed.html
| By: Watson, Zaffirini | S.B. No. 1574 | |
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| relating to the use of money in a tax increment fund to pay costs | ||
| related to public improvements used for social services programs | ||
| that promote the development or redevelopment of a reinvestment | ||
| zone. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subsection (b), Section 311.008, Tax Code, is | ||
| amended to read as follows: | ||
| (b) A municipality or county may exercise any power | ||
| necessary and convenient to carry out this chapter, including the | ||
| power to: | ||
| (1) cause project plans to be prepared, approve and | ||
| implement the plans, and otherwise achieve the purposes of the | ||
| plan; | ||
| (2) acquire real property by purchase, condemnation, | ||
| or other means to implement project plans and sell that property on | ||
| the terms and conditions and in the manner it considers advisable; | ||
| (3) enter into agreements, including agreements with | ||
| bondholders, determined by the governing body of the municipality | ||
| or county to be necessary or convenient to implement project plans | ||
| and achieve their purposes, which agreements may include | ||
| conditions, restrictions, or covenants that run with the land or | ||
| that by other means regulate or restrict the use of land; and | ||
| (4) consistent with the project plan for the zone: | ||
| (A) acquire blighted, deteriorated, | ||
| deteriorating, undeveloped, or inappropriately developed real | ||
| property or other property in a blighted area or in a federally | ||
| assisted new community in the zone for the preservation or | ||
| restoration of historic sites, beautification or conservation, the | ||
| provision of public works or public facilities, or other public | ||
| purposes; | ||
| (B) acquire, construct, reconstruct, or install | ||
| public works, facilities, or sites or other public improvements, | ||
| including utilities, streets, street lights, water and sewer | ||
| facilities, pedestrian malls and walkways, parks, flood and | ||
| drainage facilities, or parking facilities, but not including | ||
| educational facilities; [ |
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| (C) in a reinvestment zone created on or before | ||
| September 1, 1999, acquire, construct, or reconstruct educational | ||
| facilities in the municipality; or | ||
| (D) in a reinvestment zone created in a county | ||
| that has a population of less than 1.5 million but in which a | ||
| municipality is primarily located that has a population of at least | ||
| 775,000, acquire, construct, reconstruct, renovate, rehabilitate, | ||
| install, or equip public improvements used or to be used for social | ||
| services programs in the zone, including improvements determined by | ||
| the municipality or county to be beneficial to: | ||
| (i) providing basic necessities such as | ||
| food, clothing, shelter, health care, and mental health care; | ||
| (ii) helping provide individuals and | ||
| families a transition out of poverty by ensuring the availability | ||
| of educational, employment, and other services that promote | ||
| self-reliance; | ||
| (iii) preventing social problems through | ||
| education, preventive physical and mental health programs, crime | ||
| prevention programs, and other preventive programs; | ||
| (iv) providing family and societal support | ||
| services, including education, child care, counseling and | ||
| assistance for the aging, youth, the homeless, and the unemployed, | ||
| rehabilitation services, and other similar support services; and | ||
| (v) encouraging personal development and | ||
| community enrichment through cultural and educational programs. | ||
| SECTION 2. Section 311.010, Tax Code, is amended by adding | ||
| Subsections (b-1) and (b-2) to read as follows: | ||
| (b-1) An agreement under Subsection (b) relating to the | ||
| project plan or the reinvestment zone financing plan for a | ||
| reinvestment zone described by Section 311.008(b)(4)(D) may: | ||
| (1) during the term of the agreement dedicate, pledge, | ||
| or otherwise provide for the use of revenue in the tax increment | ||
| fund to pay project costs relating to the cost of public | ||
| improvements described by Section 311.008(b)(4)(D); or | ||
| (2) dedicate revenue from the tax increment fund to | ||
| pay the costs of operating or administering programs described by | ||
| Section 311.008(b)(4)(D). | ||
| (b-2) A municipality or county may not use revenue from a | ||
| tax increment fund dedicated, pledged, or otherwise provided for a | ||
| purpose described by Subsection (b-1) to replace revenue the | ||
| municipality or county would otherwise have spent from other | ||
| sources for that purpose. | ||
| 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, 2011. | ||
