Bill Text: TX SB1027 | 2017-2018 | 85th Legislature | Introduced

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Bill Title: Relating to the authority of the governing body of a school district to waive the new jobs creation requirement for the purpose of eligibility for a limitation on the appraised value of property for school district maintenance and operations ad valorem tax purposes under the Texas Economic Development Act.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-03-06 - Referred to Natural Resources & Economic Development [SB1027 Detail]

Download: Texas-2017-SB1027-Introduced.html

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85R4771 CJC-D
By: Estes S.B. No. 1027

A BILL TO BE ENTITLED
AN ACT
relating to the authority of the governing body of a school district
to waive the new jobs creation requirement for the purpose of
eligibility for a limitation on the appraised value of property for
school district maintenance and operations ad valorem tax purposes
under the Texas Economic Development Act.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 313.025(f-1), Tax Code, is repealed.
SECTION 2. The change in law made by this Act applies only
to an application under Chapter 313, Tax Code, that is pending on
the effective date of this Act or is filed on or after that date.
SECTION 3. This Act takes effect September 1, 2017.