H.B. No. 1966
 
 
 
 
AN ACT
  relating to a project that may be undertaken by certain development
  corporations in connection with infrastructure improvements
  necessary for municipal area development and revitalization.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter C, Chapter 501, Local Government
  Code, is amended by adding Section 501.108 to read as follows:
         Sec. 501.108.  INFRASTRUCTURE IMPROVEMENT PROJECTS BY
  CORPORATIONS AUTHORIZED BY CERTAIN COASTAL MUNICIPALITIES. (a)
  This section applies only to a corporation the creation of which was
  authorized by a municipality that:
               (1)  has a population of 10,000 or more;
               (2)  is located in a county bordering the Gulf of Mexico
  or the Gulf Intracoastal Waterway; and
               (3)  has, or is included in a metropolitan statistical
  area of this state that has, an unemployment rate that averaged at
  least two percent above the state average for the most recent two
  consecutive years for which statistics are available.
         (b)  For a corporation to which this section applies,
  "project" includes expenditures found by the board of directors to
  be required or suitable for infrastructure improvements necessary
  to develop and revitalize areas in the corporation's authorizing
  municipality, including:
               (1)  streets and roads, rail spurs, water and sewer
  utilities, electric utilities, gas utilities, drainage, site
  improvements, and related improvements;
               (2)  telecommunications, data, or Internet
  improvements; or
               (3)  facilities designed to remediate, mitigate, or
  control erosion, including coastal erosion along the Gulf of Mexico
  or the Gulf Intracoastal Waterway.
         (c)  This section expires September 1, 2017.
         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, 2013.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 1966 was passed by the House on May 9,
  2013, by the following vote:  Yeas 140, Nays 1, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 1966 was passed by the Senate on May
  22, 2013, by the following vote:  Yeas 28, Nays 3.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor