Bill Text: TX HB3143 | 2019-2020 | 86th Legislature | Enrolled
Bill Title: Relating to the Property Redevelopment and Tax Abatement Act.
Spectrum: Slight Partisan Bill (Republican 6-3)
Status: (Passed) 2019-06-14 - Effective on 9/1/19 [HB3143 Detail]
Download: Texas-2019-HB3143-Enrolled.html
H.B. No. 3143 |
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relating to the Property Redevelopment and Tax Abatement Act. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 312.002, Tax Code, is amended by adding | ||
Subsections (c-1) and (c-2) to read as follows: | ||
(c-1) Before the governing body of a taxing unit may adopt, | ||
amend, repeal, or reauthorize guidelines and criteria, the body | ||
must hold a public hearing regarding the proposed adoption, | ||
amendment, repeal, or reauthorization at which members of the | ||
public are given the opportunity to be heard. | ||
(c-2) A taxing unit that maintains an Internet website shall | ||
post the current version of the guidelines and criteria governing | ||
tax abatement agreements adopted under this section on the website. | ||
SECTION 2. Section 312.005, Tax Code, is amended by adding | ||
Subsection (a-1) to read as follows: | ||
(a-1) For each of the first three tax years following the | ||
expiration of a tax abatement agreement executed under this | ||
chapter, the chief appraiser shall deliver to the comptroller a | ||
report containing the appraised value of the property that was the | ||
subject of the agreement. | ||
SECTION 3. Section 312.006, Tax Code, is amended to read as | ||
follows: | ||
Sec. 312.006. EXPIRATION DATE. If not continued in effect, | ||
this chapter expires September 1, 2029 [ |
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SECTION 4. Section 312.207, Tax Code, is amended by adding | ||
Subsections (c) and (d) to read as follows: | ||
(c) In addition to any other requirement of law, the public | ||
notice of a meeting at which the governing body of a municipality or | ||
other taxing unit will consider the approval of a tax abatement | ||
agreement with a property owner must contain: | ||
(1) the name of the property owner and the name of the | ||
applicant for the tax abatement agreement | ||
; | ||
(2) the name and location of the reinvestment zone in | ||
which the property subject to the agreement is located; | ||
(3) a general description of the nature of the | ||
improvements or repairs included in the agreement; and | ||
(4) the estimated cost of the improvements or repairs. | ||
(d) The notice of a meeting required by this section must be | ||
given in the manner required by Chapter 551, Government Code, | ||
except that the notice must be provided at least 30 days before the | ||
scheduled time of the meeting. | ||
SECTION 5. Subchapter C, Chapter 312, Tax Code, is amended | ||
by adding Section 312.404 to read as follows: | ||
Sec. 312.404. APPROVAL BY GOVERNING BODY. To be effective, | ||
an agreement made under this subchapter must be approved by the | ||
governing body of the county or other taxing unit in the manner that | ||
the governing body of a municipality authorizes an agreement under | ||
Section 312.207. | ||
SECTION 6. Section 312.002(c-1), Tax Code, as added by this | ||
Act, applies only to the adoption, amendment, repeal, or | ||
reauthorization of guidelines and criteria under Section 312.002, | ||
Tax Code, on or after the effective date of this Act. | ||
SECTION 7. Section 312.005(a-1), Tax Code, as added by this | ||
Act, applies only to a tax abatement agreement entered into under | ||
Chapter 312 of that code that expires on or after the effective date | ||
of this Act. | ||
SECTION 8. Sections 312.207(c) and (d) and 312.404, Tax | ||
Code, as added by this Act, apply only to a tax abatement agreement | ||
entered into on or after the effective date of this Act. | ||
SECTION 9. This Act takes effect September 1, 2019. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 3143 was passed by the House on April | ||
30, 2019, by the following vote: Yeas 146, Nays 0, 1 present, not | ||
voting; and that the House concurred in Senate amendments to H.B. | ||
No. 3143 on May 23, 2019, by the following vote: Yeas 135, Nays 7, | ||
1 present, not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 3143 was passed by the Senate, with | ||
amendments, on May 20, 2019, by the following vote: Yeas 30, Nays | ||
1. | ||
______________________________ | ||
Secretary of the Senate | ||
APPROVED: __________________ | ||
Date | ||
__________________ | ||
Governor |