Bill Summary

HB 1151 Financing Improvements to Real Property (2023 Session)
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Sponsors
by Amesty  CS Sponsors: Energy, Communications & Cybersecurity Subcommittee, Local Administration, Federal Affairs & Special Districts Subcommittee
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Summary
Financing Improvements to Real Property: Authorizes residential or commercial property owner to apply to local government for funding to finance improvement & to enter into financing agreement with local government; provides that non-ad valorem assessment on certain commercial property is subject to certain fee; specifies requirements of financing agreement for government commercial property; specifies determinations local government must make before entering into such financing agreement; authorizes financing agreement to be executed for commercial property; restricts what improvements may be covered in certain agreements between local governments & commercial property owners; specifies requirements for local government before entering into financing agreement. Effective Date: July 1, 2023
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committees of reference
   H Energy, Communications & Cybersecurity Subcommittee
   H Local Administration, Federal Affairs & Special Districts Subcommittee
   H Ways & Means Committee
» H Commerce Committee
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Actions
02/24/23
HOUSE 
Filed
03/06/23
HOUSE 
Referred to Energy, Communications & Cybersecurity Subcommittee; Local Administration, Federal Affairs & Special Districts Subcommittee; Ways & Means Committee; Commerce Committee
03/06/23
HOUSE 
Now in Energy, Communications & Cybersecurity Subcommittee
03/09/23
HOUSE 
On Committee agenda - Energy, Communications & Cybersecurity Subcommittee, 03/13/23, 3:00 pm, 102 H
03/13/23
HOUSE 
Favorable with CS by Energy, Communications & Cybersecurity Subcommittee; 14 Yeas, 0 Nays
03/14/23
HOUSE 
Committee Substitute Text (C1) Filed
03/15/23
HOUSE 
Now in Local Administration, Federal Affairs & Special Districts Subcommittee
03/27/23
HOUSE 
On Committee agenda - Local Administration, Federal Affairs & Special Districts Subcommittee, 03/29/23, 3:00 pm, 17 H
03/29/23
HOUSE 
Favorable with CS by Local Administration, Federal Affairs & Special Districts Subcommittee; 16 Yeas, 0 Nays
03/30/23
HOUSE 
Committee Substitute Text (C2) Filed
03/31/23
HOUSE 
Now in Ways & Means Committee
04/10/23
HOUSE 
On Committee agenda - Ways & Means Committee, 04/12/23, 3:00 pm, 404 H
04/12/23
HOUSE 
Favorable by Ways & Means Committee; 22 Yeas, 0 Nays
04/12/23
HOUSE 
Now in Commerce Committee
05/05/23
HOUSE 
Died in Commerce Committee
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bill text & filed amendments
1151
Filed on 02/24/23
PDF
Amendment 237851
Amesty
Filed on 03/10/23
Adopted
PDF
1151C1
Filed on 03/14/23
PDF
Amendment 878773
Amesty
Filed on 03/28/23
Adopted
PDF
1151C2
Filed on 03/30/23
PDF
No amendments to this bill text filed.
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Statute Citations
163.08
Research & Reports
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