Bill Amendment: TX HB5 | 2023-2024 | 88th Legislature

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: Relating to agreements authorizing a limitation on taxable value of certain property to provide for the creation of jobs and the generation of state and local tax revenue; authorizing fees; authorizing penalties.

Status: 2023-05-30 - Sent to the Governor [HB5 Detail]

Download: Texas-2023-HB5-Senate_Amendment_to_Amendment_S_2_F3-Birdwell.html

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Amend Amendment No. 2 to CSHB 5 (senate committee printing) in Item (11) of the amendment, adding a new section to added Subchapter T, Chapter 403, Government Code (page 3, between lines 17 and 18), by inserting the following appropriately lettered subsection in the section and relettering the subsequent subsections of the section accordingly:

( )  The governing body of the school district must provide notice of the public hearing in the manner required by Chapter 551, except that the district must provide the notice not later than the 15th day before the date of the hearing. The notice must contain:

(1)  the name of the applicant;

(2)  the name and location of the existing or proposed reinvestment zone or enterprise zone in which the eligible project is proposed to be located;

(3)  a general description of the proposed eligible project; and

(4)  the projected investment the applicant will make in the project.