Bill Text: TX SB350 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to the expiration of the Property Redevelopment and Tax Abatement Act.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2019-02-07 - Referred to Natural Resources & Economic Development [SB350 Detail]
Download: Texas-2019-SB350-Introduced.html
86R5188 JES-D | ||
By: Powell | S.B. No. 350 |
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relating to the expiration of the Property Redevelopment and Tax | ||
Abatement Act. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Sections 312.006 and 320.001, Tax Code, are | ||
repealed. | ||
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, 2019. |