Bill Text: TX HB4470 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to community development by municipal management districts in certain counties.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2019-04-17 - No action taken in committee [HB4470 Detail]
Download: Texas-2019-HB4470-Introduced.html
| By: Davis of Dallas | H.B. No. 4470 | |
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| relating to community development by municipal management | ||
| districts in certain counties. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter E, Chapter 375, Local Government | ||
| Code, is amended by adding Section 375.099 to read as follows: | ||
| Sec. 375.099. COMMUNITY DEVELOPMENT IN CERTAIN COUNTIES. | ||
| (a) | ||
| This section applies only to a district in a county with a | ||
| population of more than two million that is adjacent to another | ||
| county with a population of more than one million. | ||
| (b) The district may develop and administer a community and | ||
| economic development program described by Section 381.004(b)(2), | ||
| (5), (6), or (7) in the same manner as a commissioners court. | ||
| (c) If the municipality creates a tax increment | ||
| reinvestment zone under Chapter 311, Tax Code, the municipality, by | ||
| contract with the district, may grant money deposited in the tax | ||
| increment fund to the district to be used by the district for the | ||
| purposes permitted for money granted to a corporation under Section | ||
| 380.002(b), Local Government Code. | ||
| (d) The district may require that a person who receives a | ||
| financial incentive or benefit from the district for construction | ||
| or the development of property in the district provide support for a | ||
| community development project in the district. | ||
| SECTION 2. This Act takes effect September 1, 2019. | ||
