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SB 978, 67th R.S.

Relating to industrial development corporations; their projects, management, powers, duties, privileges, and their funding and certain tax exemptions; placing certain duties on the Texas Industrial Commission; creating the Texas Small Business Development Corporation with certain powers and limitations; providing for tax liability on lessees, purchasers, or lenders; validating the formation of certain corporations.

Last action: Effective immediately

Author: Ed Howard
Sponsor: Tim Von Dohlen

Remarks: House conferees: Howard- Ch., Blake, Wilson, Leedom, Richards. House conferees: Von Dohlen- Chrm., DeLay, Semos, Wallace, Patrick.

Session Law Chapter:
Acts 1981, 67th R.S.,ch. 792, General and Special Laws of Texas

Companion:

HB 2262 (Identical)

Subjects:
Corporations & Associations
Economic & Industrial Development--General

House Committee: Business & Industry ()
Minutes: April 28 1981 | May 4 1981
Senate Committee: Economic Development ()
Minutes: March 23 1981

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