Texas
HB2313
HB2313 - Relating to the authority of certain municipalities to use certain tax revenue for certain qualified projects.
Source: Congress.gov ·
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      H.B. No. 2313         AN ACT   relating to the authority of certain municipalities to use certain   tax revenue for certain qualified projects.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 351.1015(a)(4), Tax Code, is amended to   read as follows:                (4)  "Project financing zone" means an area within a   municipality:                      (A)  that the municipality by ordinance or by   agreement under Chapter 380, Local Government Code, designates as a   project financing zone;                      (B)  the boundaries of which are :                             (i)   within a three-mile radius of the   center of a qualified project; or                             (ii)     if designated by a municipality   described by Section 351.001(7)(B) on or before December 31, 2024,   a continuous geographic area the total area of which is less than or   equal to the maximum area allowed under Subparagraph (i) that   contains the qualified project;                      (C)  the designation of which specifies :                             (i)     for a zone the boundaries of which are   prescribed by Paragraph (B)(i), the longitude and latitude of the   center of the qualified project; or                             (ii)     for a zone the boundaries of which are   prescribed by Paragraph (B)(ii), the exact boundaries of the zone;   and                      (D)  the designation of which expires not later   than the 30th anniversary of the date of designation.          SECTION 2.  Section 351.1015(b), Tax Code, as amended by   Chapters 644 (H.B. 4559), 779 (H.B. 5012), 927 (S.B. 2220), and 1110   (S.B. 1057), Acts of the 88th Legislature, Regular Session, 2023,   is reenacted and amended to read as follows:          (b)  This section applies only to a qualified project located   in:                (1)  a municipality with a population of at least   700,000 but less than 950,000 according to the most recent federal   decennial census; [ or ]                (2)  a municipality that contains more than 70 percent   of the population of a county with a population of 1.5 million or   more ;                 (3)  [ (2) ]  a municipality described by Section   351.001(7)(B);                 (4)   [ or                [ (3) ]  a municipality described by Section   351.152(61) ;                 (5)  [ (2) ]  a municipality with a population of at least   two million ; or                 (6)     a municipality described by Section 351.152(14)   with a population of more than 250,000 .          SECTION 3.  To the extent of any conflict, this Act prevails   over another Act of the 89th Legislature, Regular Session, 2025,   relating to nonsubstantive additions to and corrections in enacted   codes.          SECTION 4.  This Act takes effect September 1, 2025.       ______________________________ ______________________________      President of the Senate Speaker of the House                   I certify that H.B. No. 2313 was passed by the House on May   14, 2025, by the following vote:  Yeas 100, Nays 4, 2 present, not   voting; and that the House concurred in Senate amendments to H.B.   No. 2313 on May 28, 2025, by the following vote:  Yeas 82, Nays 55,   1 present, not voting.     ______________________________   Chief Clerk of the House               I certify that H.B. No. 2313 was passed by the Senate, with   amendments, on May 26, 2025, by the following vote:  Yeas 25, Nays   6.     ______________________________   Secretary of the Senate      APPROVED: __________________                   Date                       __________________                 Governor       
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