Bill Text: TX SB1387 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to certain requirements for designation as a qualified business under the enterprise zone program.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-03-16 - Referred to Natural Resources & Economic Development [SB1387 Detail]
Download: Texas-2017-SB1387-Introduced.html
85R5393 CLG-F | ||
By: Hinojosa | S.B. No. 1387 |
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relating to certain requirements for designation as a qualified | ||
business under the enterprise zone program. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2303.401, Government Code, is amended to | ||
read as follows: | ||
Sec. 2303.401. DEFINITIONS. In this subchapter: | ||
(1) "New permanent job" means a new employment | ||
position, regardless of title, that: | ||
(A) is created by a qualified business as | ||
described by Section 2303.402 at the qualified business site not | ||
earlier than the 90th day before the date the business's project or | ||
activity is designated as an enterprise project under this chapter; | ||
(B) is defined and certified by the qualified | ||
business as a full-time position and provides employment benefits, | ||
including health care benefits, [ |
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(C) will exist or has existed at the qualified | ||
business site for at least [ |
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(i) the duration of the project's | ||
designation period; or | ||
(ii) three years after the date on which a | ||
state benefit is received as authorized by this chapter. | ||
(2) "Retained job" means an employment position, | ||
regardless of title, [ |
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(A) existed with a qualified business on the 91st | ||
day before the date the business's project or activity is | ||
designated as an enterprise project; | ||
(B) is defined and certified by the qualified | ||
business as a full-time position and provides employment benefits, | ||
including health care benefits, [ |
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(C) will be or has been an employment position | ||
for at least [ |
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(i) the duration of the project's | ||
designation period; or | ||
(ii) three years after the expiration date | ||
of the claim period for receipt of a state benefit authorized by | ||
this chapter. | ||
SECTION 2. The changes in law made by this Act apply only to | ||
an application for an enterprise project designation under the | ||
enterprise zone program established under Chapter 2303, Government | ||
Code, as amended by this Act, that is submitted on or after the | ||
effective date of this Act. An application for an enterprise | ||
project designation under the enterprise zone program that is | ||
submitted before the effective date of this Act is governed by the | ||
law in effect on the date the application is submitted, and the | ||
former law is continued in effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2017. |