S.B. No. 1105

	AN ACT
	relating to the authority of certain municipalities to extend the
	termination date for a reinvestment zone created under the Tax
	Increment Financing Act.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Section 311.017, Tax Code, is amended by adding
	Subsection (a-1) to read as follows:
	(a-1)  This subsection applies only to a reinvestment zone
	created by a municipality that has a population of 195,000 or more
	and is the county seat of a county that has a population of 245,000
	or less. Notwithstanding Subsection (a)(1), a municipality by
	ordinance adopted subsequent to the ordinance adopted by the
	municipality creating a reinvestment zone may designate a
	termination date for the zone that is later than the termination
	date designated in the ordinance creating the zone but not later
	than the 20th anniversary of that date. If a municipality adopts an
	ordinance extending the termination date for a reinvestment zone as
	authorized by this subsection, the zone terminates on the earlier
	of:
	(1)  the termination date designated in the ordinance;
	or
	(2)  the date provided by Subsection (a)(2).
	SECTION 2.  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, 2009.
	______________________________	______________________________
	President of the Senate	Speaker of the House
	I hereby certify that S.B. No. 1105 passed the Senate on
	April 16, 2009, by the following vote:  Yeas 31, Nays 0.
	______________________________
	Secretary of the Senate
	I hereby certify that S.B. No. 1105 passed the House on
	May 12, 2009, by the following vote:  Yeas 149, Nays 0, one
	present not voting.
	______________________________
	Chief Clerk of the House
	Approved:
	______________________________
	Date
	______________________________
	Governor