Tex. Loc. Gov't Code § 386.035 · Subchapter B. CREATION OF COMMERCIAL AND INDUSTRIAL DEVELOPMENT ZONE
TAX INCREMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A creating body may use tax increment financing to fund a development zone, as provided by Chapter 311, Tax Code, and as modified by this section.
(b) On adoption of an order or ordinance by each creating body, the fund may be used to pay salaries of employees of the board and administrative expenses of the development zone.
(c) For the purpose of tax increment financing under this section, the board is considered the board of directors of the reinvestment zone under Chapter 311, Tax Code. Section 311.009, Tax Code, does not apply to this chapter.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1390, Sec. 1, eff. June 16, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.386.htm
- Text hash
- sha256 d6c238d51768a6f6edbcf3b53ba80b4425f2b1023ab08a536be323c939b02738
- 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 § 386.035. Each shows the citation as that text prints it.
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.