Tex. Loc. Gov't Code § 386.301 · Subchapter F. DISSOLUTION
DISSOLUTION OF DEVELOPMENT ZONE BY CREATING BODY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) After a hearing, a creating body may dissolve a development zone if:
(1) the area no longer meets the criteria for designation under this chapter;
(2) the best interests of the creating body and the owners of property and interests in property in the zone will be served by dissolving the zone; and
(3) each creating body agrees by ordinance or order on the:
(A) proposition that the zone should be dissolved;
(B) disposition of zone assets; and
(C) assumption of liabilities by the creating bodies.
(b) The dissolution of a development zone does not affect the validity of a:
(1) tax incentive or regulatory relief granted or accrued before the removal; or
(2) bond issued under 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 3d6ebedaffdc1ea72cc104867fe3a25f1816f4711f0b32ad86979c6e4f8fb211
- 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 1 provision
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