HBA-RBT H.B. 3034 76(R)BILL ANALYSIS Office of House Bill AnalysisH.B. 3034 By: Oliveira Ways & Means 7/26/1999 Enrolled BACKGROUND AND PURPOSE Prior to the 76th Legislature, local governments did not have sufficient flexibility to negotiate tax abatements for property located in more than one taxing entity. H.B. 3034 provides the flexibility by allowing the negotiation of tax abatement agreements that have differing terms from those agreed to by the other taxing entity. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 312.004(a), Tax Code, to authorizes the commissioners court of a county that enters into a tax abatement agreement for the county to enter into a tax abatement agreement applicable to the same property on behalf of a taxing unit other than the county. Provides that the tax abatement agreement entered into on behalf of the other taxing unit is not required to contain the same terms as the tax abatement agreement entered into on behalf of the county. Makes conforming and nonsubstantive changes. SECTION 2. Amends Section 312.206(a), Tax Code, to provide that Section 312.205 (Specific Terms of Tax Abatement Agreement) applies to an agreement made by a taxing unit under this section in the same manner as it applies to an agreement made by a municipality under Section 312.204 (Municipal Tax Abatement Agreement) or 312.211 (Agreement by Municipality Relating to Property Subject to Voluntary Cleanup Agreement). Makes conforming and nonsubstantive changes. SECTION 3. Makes application of this Act to a tax abatement agreement prospective. Makes application of this Act to the imposition of ad valorem taxes prospective to January 1, 2000. SECTION 4. Effective date: September 1, 1999. SECTION 5. Emergency clause.