Tex. Health & Safety Code § 391.203 · Subchapter C. PROJECT REQUIREMENTS
DETERMINATION OF GRANT AMOUNT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commission may not award a grant that, net of taxes, provides an amount that exceeds the incremental cost of the proposed project.
(b) In determining the amount of a grant under this subchapter, the commission shall reduce the incremental cost of a proposed project by the value of any existing financial incentive that directly reduces the cost of the proposed project, including tax credits or deductions, other grants, or any other public financial assistance.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1125 (H.B. 1796), Sec. 9, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.391.htm
- Text hash
- sha256 498c14baf77d4b41bfce6ef6b020a0381b9ecc4ccae2ba6080300f808c70eacb
- 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
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.