Tex. Loc. Gov't Code § 374.031 · Subchapter D. TAX INCREMENT FINANCING FOR URBAN RENEWAL PROJECTS
ELECTION REQUIRED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A municipality may not use the tax increment method of financing prescribed under this subchapter unless a majority of the qualified voters of the municipality voting on the question approve that method of financing in an election held by the municipality.
(b) The ballot shall be printed to provide for voting for or against the proposition: "Use of tax increment financing for urban renewal purposes."
(c) The election may be held in conjunction with an election held under Section 374.011 or 374.012.
(d) This referendum is not required if the constitutional amendment on tax increment financing is approved by the voters.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.374.htm
- Text hash
- sha256 3b21cff52612a4c1ddaf7bb0a1d370313c1fdf4ed36f0ababba45c3fe48385e7
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 1 provision
Provisions in this library whose text cites Tex. Loc. Gov't Code § 374.031. Each shows the citation as that text prints it.
Local Government Code
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.