Bill Text: TX HB778 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to the extension of the expiration of certain parts of the Texas Economic Development Act.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2021-03-01 - Referred to Ways & Means [HB778 Detail]
Download: Texas-2021-HB778-Introduced.html
87R2 JES-D | ||
By: Lozano | H.B. No. 778 |
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relating to the extension of the expiration of certain parts of the | ||
Texas Economic Development Act. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 313.007, Tax Code, is amended to read as | ||
follows: | ||
Sec. 313.007. EXPIRATION. Subchapters B and C expire | ||
December 31, 2032 [ |
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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, 2021. |