Bill Text: TX SB497 | 2015-2016 | 84th Legislature | Introduced
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 and permanent supportive housing that promotes the development or redevelopment of a reinvestment zone.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2015-02-11 - Referred to Natural Resources & Economic Development [SB497 Detail]
Download: Texas-2015-SB497-Introduced.html
84R3555 SMH-D | ||
By: Watson | S.B. No. 497 |
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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 | ||
and permanent supportive housing that promotes the development or | ||
redevelopment of a reinvestment zone. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 311.008(b), 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 and sell real property, on the terms and conditions | ||
and in the manner it considers advisable, to implement project | ||
plans; | ||
(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 in or out of the zone used or | ||
to be used for social services programs or permanent supportive | ||
housing that benefit the zone, including improvements determined by | ||
the municipality or county to be beneficial to: | ||
(i) providing basic necessities such as | ||
food, clothing, permanent supportive housing or other forms of | ||
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, 2015. |