S.B. No. 1584

	AN ACT
	relating to the validation of the dissolution of the Development
	Corporation of Presidio and the creation of the Presidio Municipal
	Development District.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  The legislature validates and confirms:
	(1)  the dissolution of the Development Corporation of
	Presidio, a Type B economic development corporation, and the
	creation of the Presidio Municipal Development District as of the
	date of the election held on November 6, 2012, at which the voters
	of the City of Presidio and its extraterritorial jurisdiction
	approved both the dissolution of the economic development
	corporation and the creation of the district and replaced the
	dedicated sales and use tax for the benefit of the economic
	development corporation with a dedicated sales and use tax for the
	benefit of the district; and
	(2)  the levy of a sales and use tax of one-half of one
	percent within the boundaries of the Presidio Municipal Development
	District, for the purpose of financing development projects
	beneficial to the district, that occurred before the effective date
	of this Act.
	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, 2013.
	______________________________	______________________________
	President of the Senate	Speaker of the House
	I hereby certify that S.B. No. 1584 passed the Senate on
	April 16, 2013, by the following vote:  Yeas 29, Nays 0.
	______________________________
	Secretary of the Senate
	I hereby certify that S.B. No. 1584 passed the House on
	May 17, 2013, by the following vote:  Yeas 134, Nays 0, two
	present not voting.
	______________________________
	Chief Clerk of the House
	Approved:
	______________________________
	Date
	______________________________
	Governor