|
|
|
|
AN ACT
|
|
relating to the authority of certain economic development |
|
corporations to undertake and operate transportation-related |
|
projects. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 501.106(b), Local Government Code, is |
|
amended to read as follows: |
|
(b) For a corporation to which this section applies, in this |
|
subtitle, "project" includes the land, buildings, facilities, |
|
infrastructure, and improvements that: |
|
(1) the corporation's board of directors finds are |
|
required or suitable for the development or promotion of new or |
|
expanded business enterprises through transportation facilities |
|
including airports, hangars, railports, rail switching facilities, |
|
maintenance and repair facilities, cargo facilities, marine ports, |
|
inland ports, mass commuting facilities, parking facilities, and |
|
related infrastructure located on or adjacent to an airport or |
|
railport facility [expansion of airport facilities]; or |
|
(2) are undertaken by the corporation if the |
|
municipality that authorized the creation of the corporation has, |
|
at the time the corporation approves the project as provided by this |
|
subtitle: |
|
(A) a population of less than 50,000; or |
|
(B) an average rate of unemployment that is |
|
greater than the state average rate of unemployment during the most |
|
recent 12-month period for which data is available that precedes |
|
the date the project is approved. |
|
SECTION 2. Section 501.160(d), Local Government Code, is |
|
amended to read as follows: |
|
(d) A corporation has all the powers necessary to own and |
|
operate a project as a business if: |
|
(1) the project is a military installation or military |
|
facility that has been closed or realigned, including a military |
|
installation or facility closed or realigned under the Defense Base |
|
Closure and Realignment Act of 1990 (10 U.S.C. Section 2687 note), |
|
as amended; or |
|
(2) the project is authorized under Section 501.106. |
|
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. |
|
|
|
______________________________ |
______________________________ |
|
President of the Senate |
Speaker of the House |
|
|
|
I certify that H.B. No. 2772 was passed by the House on May |
|
12, 2015, by the following vote: Yeas 137, Nays 7, 2 present, not |
|
voting. |
|
|
|
______________________________ |
|
Chief Clerk of the House |
|
|
|
I certify that H.B. No. 2772 was passed by the Senate on May |
|
24, 2015, by the following vote: Yeas 25, Nays 5. |
|
|
|
______________________________ |
|
Secretary of the Senate |
|
APPROVED: _____________________ |
|
Date |
|
|
|
_____________________ |
|
Governor |