Bill Text: TX HB303 | 2019-2020 | 86th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to entities eligible to authorize the creation of spaceport development corporations and to the powers of those corporations.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Passed) 2019-05-23 - Effective immediately [HB303 Detail]
Download: Texas-2019-HB303-Introduced.html
Bill Title: Relating to entities eligible to authorize the creation of spaceport development corporations and to the powers of those corporations.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Passed) 2019-05-23 - Effective immediately [HB303 Detail]
Download: Texas-2019-HB303-Introduced.html
| 86R3423 CLG-D | ||
| By: Paul | H.B. No. 303 | |
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| relating to entities eligible to authorize the creation of a | ||
| spaceport development corporation. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 507.003, Local Government Code, is | ||
| amended to read as follows: | ||
| Sec. 507.003. AUTHORITY TO CREATE CORPORATION BY ELIGIBLE | ||
| ENTITIES. The following entities are eligible to authorize the | ||
| creation under this subtitle of a spaceport development | ||
| corporation: | ||
| (1) a county; [ |
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| (2) a municipality with a population of two million or | ||
| more; or | ||
| (3) a combination of one or more municipalities and | ||
| one or more counties. | ||
| SECTION 2. Section 507.051, Local Government Code, is | ||
| amended by amending Subsection (b) and adding Subsection (b-1) to | ||
| read as follows: | ||
| (b) If a single county authorizes the creation of a | ||
| spaceport development corporation, the commissioners court of the | ||
| county shall appoint the directors of the corporation. If a single | ||
| municipality authorizes the creation of a spaceport development | ||
| corporation under Section 507.003(2), the governing body of the | ||
| municipality shall appoint the directors of the corporation. | ||
| (b-1) If more than one political subdivision authorizes the | ||
| creation of a spaceport development corporation, the governing | ||
| bodies of the political subdivisions shall appoint the directors | ||
| through written agreement between the governing bodies. | ||
| 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, 2019. | ||
