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Fort Bend-backed bill would let counties create industrial development districts with taxing powers within boundaries
Summary
Senators heard a committee substitute to House Bill 4,308 that would create a county industrial development district model for counties under specified population thresholds; Fort Bend County officials testified in support and said the structure could finance site-ready industrial land to attract employers.
Chairman Bettencourt laid out House Bill 4,308 and recognized Senate sponsor Senator Miles to explain the committee substitute.
Senator Miles said the bill "creates a county industrial development district act and establishes a structured framework through which the commissioner's court may create an industrial development district." The committee substitute brackets applicability to counties with population…
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