Bill Text: TX HB231 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to the eligibility of property used in connection with certain computer centers for economic benefits authorized by the Texas Economic Development Act.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-04-26 - Left pending in committee [HB231 Detail]
Download: Texas-2011-HB231-Introduced.html
82R219 JE-F | ||
By: Phillips | H.B. No. 231 |
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relating to the eligibility of property used in connection with | ||
certain computer centers for economic benefits authorized by the | ||
Texas Economic Development Act. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 313.024(b), Tax Code, is amended to read | ||
as follows: | ||
(b) To be eligible for a limitation on appraised value under | ||
this subchapter, the entity must use the property in connection | ||
with: | ||
(1) manufacturing; | ||
(2) research and development; | ||
(3) a clean coal project, as defined by Section 5.001, | ||
Water Code; | ||
(4) an advanced clean energy project, as defined by | ||
Section 382.003, Health and Safety Code; | ||
(5) renewable energy electric generation; | ||
(6) electric power generation using integrated | ||
gasification combined cycle technology; | ||
(7) nuclear electric power generation; [ |
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(8) a computer center primarily used in connection | ||
with one or more activities described by Subdivisions (1) through | ||
(7) conducted by the entity; or | ||
(9) a computer center used in connection with | ||
financial transactions. | ||
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, 2011. |