Tex. Loc. Gov't Code § 271.903 · Subchapter Z. MISCELLANEOUS PROVISIONS
COMMITMENT OF CURRENT REVENUE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If a contract for the acquisition, including lease, of real or personal property retains to the governing body of a local government the continuing right to terminate at the expiration of each budget period of the local government during the term of the contract, is conditioned on a best efforts attempt by the governing body to obtain and appropriate funds for payment of the contract, or contains both the continuing right to terminate and the best efforts conditions, the contract is a commitment of the local government's current revenues only.
(b) In this section, "local government" means a municipality, county, school district, special purpose district or authority, or other political subdivision of this state.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 104, Sec. 2, eff. May 7, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.271.htm
- Text hash
- sha256 8af25215c36ab9f1f9090a3828e31b314530fd3375bc4f93394b8fc3e3233e12
- 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.