Journal of the Senate of Texas: 83rd Legislature, Regular Session, Tuesday, May 7, 2013 Page: 1,521
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SECTION 6. Section 222.107(h-1), Transportation Code, as added by Chapter
1345 (S.B. 1420), Acts of the 82nd Legislature, Regular Session, 2011, is reenacted
and amended to conform to Section 222.107(h), Transportation Code, as amended by
Chapter 475 (H.B. 563), Acts of the 82nd Legislature, Regular Session, 2011, to read
as follows:
(h-1) All abatements or other relief granted by the commissioners court in a
transportation reinvestment zone must be equal in rate. In any ad valorem tax year, the
total amount of the taxes abated or the total amount of relief granted under this section
may not exceed the amount calculated under Subsection (a)(1) for that year, less any
amounts allocated under previous agreements, including agreements under Chapter
381 [Sectio341-004], Local Government Code, or Chapter 312, Tax Code.
SECTION 7. Section 222.107(h-1), Transportation Code, as added by Chapter
475 (H.B. 563), Acts of the 82nd Legislature, Regular Session, 2011, is redesignated
as Section 222.107(h-2), Transportation Code, and amended to read as follows:
(h-2) [(-4-+] To further the development of the transportation project or projects
for which the transportation reinvestment zone was designated, a county may assess
all or part of the cost of the transportation project or projects against property within
the zone. The assessment against each property in the zone may be levied and
payable in installments in the same manner as provided by Sections 372.016-372.018,
Local Government Code, provided that the installments do not exceed the total
amount of the tax abatement or other relief granted under Subsection (h). The county
may elect to adopt and apply the provisions of Sections 372.015-372.020 and
372.023, Local Government Code, to the assessment of costs and Sections
372.024-372.030, Local Government Code, to the issuance of bonds by the county to
pay the cost of a transportation project. The commissioners court of the county may
contract with a public or private entity to develop, redevelop, or improve a
transportation project in the transportation reinvestment zone, including aesthetic
improvements, and may pledge and assign to that entity all or a specified amount of
the revenue the county receives from the tax increment or the installment payments of
the assessments for the payment of the costs of that transportation project. After a
pledge or assignment is made, [if
] the commissioners court of the county
may not rescind its pledge or assignment until the contractual commitments that are
the subject of [ o] the pledge or assignment have
been satisfied [i]. Any amount received from the tax increment or
the installment payments of the assessments not pledged or assigned in connection
with a [the] transportation project may be used for other purposes as determined by
the commissioners court [as w].
SECTION 8. Section 222.108(a), Transportation Code, is amended to read as
follows:
(a) A N.
underSection 222.1 04, a] municipality or county may establish a transportation
reinvestment zone for one or more [ay] transportation projects projectt]. If all or part
of a [the] transportation project is subject to oversight by the department, at the optionTuesday, May 7, 2013
SENATE JOURNAL
1521
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Texas. Legislature. Senate. Journal of the Senate of Texas: 83rd Legislature, Regular Session, Tuesday, May 7, 2013, legislative document, May 7, 2013; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth640927/m1/17/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.