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A BILL TO BE ENTITLED
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AN ACT
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relating to economic development incentives for firearms |
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manufacturers, firearms accessory manufacturers, and ammunition |
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manufacturers. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 481, Government Code, is |
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amended by adding Section 481.0297 to read as follows: |
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Sec. 481.0297. FIREARM AND AMMUNITION MANUFACTURERS. |
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(a) The office shall facilitate the location, expansion, and |
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retention of firearms manufacturers, firearms accessory |
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manufacturers, and ammunition manufacturers to the state, |
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including: |
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(1) identifying domestic and international firearms |
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manufacturers, firearms accessory manufacturers, and ammunition |
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manufacturers interested in expanding or relocating to the state; |
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and |
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(2) issuing requests for proposals for the location, |
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relocation, or expansion of firearms manufacturers, firearms |
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accessory manufacturers, and ammunition manufacturers to the |
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state. |
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(b) Upon receipt of proposals under Subsection (a), the |
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office may negotiate on behalf of the state the issuance of funds |
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provided by Section 481.078, franchise tax exemptions, sales tax |
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exemptions, and other incentives as provided by this chapter or |
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other provisions of the law commensurate with the size and scope of |
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the proposed project. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2013. |