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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. Chapter 481, Government Code, is amended by |
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adding Section 481.0297 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 shall 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. EFFECTIVE DATE. This Act takes effect |
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immediately if it receives a vote of two-thirds of all the members |
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elected to each house, as provided by Section 39, Article III, Texas |
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Constitution. If this Act does not receive the vote necessary for |
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immediate effect, this Act takes effect September 1, 2013. |