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SB 16, 67th 1st C.S.

Relating to the powers of cities or towns to designate certain areas as reinvestment zones and to issue tax increment bonds and provide tax increment financing for the development or redevelopment of blighted areas.

Last action: Effective on . . . . . . . . . .

Author: Ray Farabee
Sponsor: Steven Wolens

Remarks: Enabled by 1SJR8.

Session Law Chapter:
Acts 1981, 67th 1st C.S.,ch. 4, General and Special Laws of Texas

Companion:

HB 94 (Identical)

Bill Analyses:
Committee Report (House Study Group)

Subjects:
Economic & Industrial Development--General
ECONOMICALLY DISTRESSED AREAS
REINVESTMENT ZONES
Special Districts & Authorities--Miscellaneous
Taxation--City

House Committee: Business & Industry ()
Minutes: August 5 1981
Senate Committee: Finance ()
Minutes: July 29 1981

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