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CS/CS/HB 1151: Financing Improvements to Real Property

GENERAL BILL by Local Administration, Federal Affairs & Special Districts Subcommittee ; Energy, Communications & Cybersecurity Subcommittee ; Amesty

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: 7/1/2023
Last Action: 5/5/2023 House - Died in Commerce Committee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/24/2023 House • Filed
    3/6/2023 House • Referred to Energy, Communications & Cybersecurity Subcommittee
    • Referred to Local Administration, Federal Affairs & Special Districts Subcommittee
    • Referred to Ways & Means Committee
    • Referred to Commerce Committee
    • Now in Energy, Communications & Cybersecurity Subcommittee
    3/7/2023 House • 1st Reading (Original Filed Version)
    3/9/2023 House • Added to Energy, Communications & Cybersecurity Subcommittee agenda
    3/13/2023 House • Favorable with CS by Energy, Communications & Cybersecurity Subcommittee
    • Reported out of Energy, Communications & Cybersecurity Subcommittee
    3/14/2023 House • Laid on Table under Rule 7.18(a)
    • CS Filed
    3/15/2023 House • Referred to Local Administration, Federal Affairs & Special Districts Subcommittee
    • Referred to Ways & Means Committee
    • Referred to Commerce Committee
    • Now in Local Administration, Federal Affairs & Special Districts Subcommittee
    • 1st Reading (Committee Substitute 1)
    3/27/2023 House • Added to Local Administration, Federal Affairs & Special Districts Subcommittee agenda
    3/29/2023 House • Favorable with CS by Local Administration, Federal Affairs & Special Districts Subcommittee
    3/30/2023 House • Reported out of Local Administration, Federal Affairs & Special Districts Subcommittee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    • 1st Reading (Committee Substitute 2)
    3/31/2023 House • Referred to Ways & Means Committee
    • Referred to Commerce Committee
    • Now in Ways & Means Committee
    4/10/2023 House • Added to Ways & Means Committee agenda
    4/12/2023 House • Favorable by Ways & Means Committee
    • Reported out of Ways & Means Committee
    • Now in Commerce Committee
    5/5/2023 House • Died in Commerce Committee

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  • CS/CS/HB 1151, Committee Substitute 2 (Current Bill Version) Posted 3/30/2023 at 9:28 AM

    Bill Text:   PDF
    Analyses:   Ways & Means Committee (Post-Meeting) 4/12/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 810 Financing Improvements to Real Property Gruters Similar Last Action: 5/5/2023 S Died in Community Affairs

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    163.08 Supplemental authority for improvements to real property. Page 2 (pdf)

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  • CS/HB 1151, Committee Substitute 1 Posted 3/14/2023 at 8:44 AM

    Bill Text:   PDF
    Analyses:   Local Administration, Federal Affairs & Special Districts Subcommittee (Post-Meeting) 3/30/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 810 Financing Improvements to Real Property Gruters Similar Last Action: 5/5/2023 S Died in Community Affairs

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    878773 - Amendment
    Remove lines 174-178 and insert:
    Amesty 3/28/2023
    5:39 PM
    Adopted without Objection
    3/29/2023
    PDF

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    163.08 Supplemental authority for improvements to real property. Page 2 (pdf)

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  • HB 1151, Original Filed Version Posted 2/24/2023 at 2:22 PM

    Bill Text:   PDF
    Analyses:   Energy, Communications & Cybersecurity Subcommittee (Post-Meeting) 3/13/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 810 Financing Improvements to Real Property Gruters Similar Last Action: 5/5/2023 S Died in Community Affairs

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    237851 - Amendment
    Remove lines 53-297 and insert:
    Amesty 3/10/2023
    7:02 PM
    Adopted without Objection
    3/13/2023
    PDF

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    163.08 Supplemental authority for improvements to real property. Page 2 (pdf)

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