Tex. Gov't Code § 2303.404 · Subchapter F. QUALIFIED BUSINESSES AND ENTERPRISE PROJECTS
REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A qualified business may request that the governing body of a municipality or county in which the qualified business is located apply to the bank for designation of a project or activity of the business as an enterprise project.
(b) The enterprise project designation must be for:
(1) an expansion or relocation from out-of-state, an expansion, renovation, or new construction, or other property to be undertaken by a qualified business; and
(2) a predetermined designation period approved by the bank, with beginning and ending dates for each proposed project or activity.
(c) The designation period for an enterprise project may not be for less than one year or more than five years from the date on which the designation is made.
(d) If an enterprise project designation is for a franchise or subsidiary, separate books and records must be maintained for the business activity conducted at the qualified business site.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 76, Sec. 5.52(a), eff. Sept. 1, 1995, and Acts 1995, 74th Leg., ch. 985, Sec. 6, eff. Sept. 1, 1995. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.11, eff. Sept. 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 1114 (H.B. 3694), Sec. 7, eff. June 15, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2303.htm
- Text hash
- sha256 f7f061452233e654c9d40db5d0c147b49a943fa6890c5eac7ba0475da77c6e40
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 3 provisions
Provisions in this library whose text cites Tex. Gov't Code § 2303.404. Each shows the citation as that text prints it.
Government Code
- Tex. Gov't Code § 2303.405APPLICATION FOR ENTERPRISE PROJECT DESIGNATION.Printed as Section 2303.404 | Section 2303.404(b)
- Tex. Gov't Code § 2303.4072ENTERPRISE PROJECT CLAIM FOR STATE BENEFIT.Printed as Section 2303.404
- Tex. Gov't Code § 2303.408DURATION OF CERTAIN DESIGNATIONS.Printed as Section 2303.404
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.