1. (a) This section applies only to a proposed reinvestment zone:

   1. (1) the designation of which is requested in a petition submitted under Section 311.005(a)(4) before July 31, 2004, to the governing body of a home-rule municipality that:

      1. (A) has a population of more than 1.1 million;
      2. (B) is located primarily in a county with a population of 1.5 million or less; and
      3. (C) has created at least 20 reinvestment zones under this chapter; and
   2. (2) that is the subject of a resolution of intent that was adopted before October 31, 2004, by the governing body of the municipality.

2. (b) If the municipality imposes a fee of more than $25,000 for processing the petition, the municipality may not require a property owner who submitted the petition, as a condition of designating the reinvestment zone or approving a development agreement, interlocal agreement, or project plan for the proposed reinvestment zone:

   1. (1) to waive any rights of the owner under Chapter 245, Local Government Code, or under any agreed order or settlement agreement to which the municipality is a party;
   2. (2) to dedicate more than 20 percent of the owner's land in the area described in the petition as open-space land; or
   3. (3) to use a nonconventional use pattern for a development to be located within the proposed reinvestment zone.

Added by Acts 2005, 79th Leg., Ch. 1347 (S.B. 771), Sec. 3, eff. June 18, 2005.

Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 14.005, eff. September 1, 2007.