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Highlights 77th Texas Legislature - Senate

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_________________ E CONOMIC<br />

CONOMIC DEVELOPMENT<br />

77 th <strong>Texas</strong> <strong>Legislature</strong><br />

North American Free Trade Agreement Impact Zones - H.B. 2808<br />

by Representatives Chavez and Solis<br />

<strong>Senate</strong> Sponsor: Senator Shapleigh<br />

Border communities have shown some signs of economic growth following ratification of the North<br />

American Free Trade Agreement (NAFTA). In order to expedite the construction of new businesses in<br />

these communities, the establishment of zones in which certain construction fees are waived, taxes are<br />

refunded or reduced, and baseline performance standards established would provide incentives for certain<br />

building opportunities.<br />

Authorizes a municipality to create a NAFTA impact zone (zone) if it is determined that such a zone would<br />

promote business opportunities and economic development as well as employment opportunities for<br />

residents of the zone.<br />

Requires a business that would operate in this zone to receive certain benefits as a result of the waiver or<br />

adoption of fees related to the construction of buildings in the zone.<br />

Requires businesses to report annually to the governing bodies of the municipality on the percentage of<br />

individuals hired by the business that receive NAFTA assistance.<br />

Commercialization of Fuel Cell Technologies - H.B. 2845<br />

by Representative Danburg<br />

<strong>Senate</strong> Sponsor: Senator Cain<br />

Increased population in urban areas combined with a growing high tech industry has increased the need for<br />

reliable electrical power which in the past has been met through the construction of large central station<br />

power plants.<br />

Requires the State Energy Conservation Office (energy office) to develop a statewide plan for the<br />

coordinated acceleration of the commercialization of fuel cell generation in this state. Sets forth<br />

requirements for the plan.<br />

Requires the energy office, in developing the plan and proposed rules, guidelines, and operating<br />

procedures, to seek the assistance and support of certain entities. Sets forth requirements for the plan.<br />

Requires the energy office to appoint a fuel cell initiative advisory committee to advise the energy office<br />

regarding development of the plan and to assist the energy office in meeting the goals of this Act.<br />

Counties May Create Economic Development Programs - H.B. 2870<br />

by Representative Ramsay<br />

<strong>Senate</strong> Sponsor: Senator Staples<br />

Under <strong>Texas</strong> law, a municipality may offer tax abatements to certain businesses to promote economic<br />

development. H.B. 2870 explicitly extends this mandate to counties.<br />

<strong>Senate</strong> Research Center 79

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