Tex. Loc. Gov't Code § 504.105 · Subchapter C. GENERAL POWERS AND DUTIES
LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Subsection (b), a Type A corporation may spend not more than 10 percent of the corporate revenues for promotional purposes.
(b) A Type A corporation may spend not more than 25 percent of the corporate revenues for promotional purposes if the authorizing municipality:
(1) is located in two counties;
(2) has a population of less than 24,250 according to the 1990 federal census; and
(3) is located wholly or partly within 10 miles of a federal military reservation.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.504.htm
- Text hash
- sha256 1556343c39b98d8bc41f816196767efdb1aafb6e6f8bb7e6d4a233017bb1930d
- 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.