H.B. No. 2636
 
 
 
 
AN ACT
  relating to the transfer of money from the tax increment fund
  established for a tax increment financing reinvestment zone to the
  fund established for an adjacent zone.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 311.014, Tax Code, is amended by adding
  Subsection (f) to read as follows:
         (f)  Money in the tax increment fund for a reinvestment zone
  may be transferred to the tax increment fund for an adjacent zone
  if:
               (1)  the taxing units that participate in the zone from
  which the money is to be transferred participate in the adjacent
  zone and vice versa;
               (2)  each participating taxing unit has agreed to
  deposit the same portion of its tax increment in the fund for each
  zone;
               (3)  each participating taxing unit has agreed to the
  transfer; and
               (4)  the holders of any tax increment bonds or notes
  issued for the zone from which the money is to be transferred have
  agreed to the transfer.
         SECTION 2.  This Act takes effect September 1, 2013.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 2636 was passed by the House on May 8,
  2013, by the following vote:  Yeas 147, Nays 0, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 2636 was passed by the Senate on May
  21, 2013, by the following vote:  Yeas 27, Nays 3.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor