Tex. Loc. Gov't Code § 504.201 · Subchapter E. INVESTMENT AGREEMENTS
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this subchapter:
(1) "Base taxable value" means the taxable value of property located in the defined area of a project as of January 1 of the year in which the agreement is entered into under Section 504.202.
(2) "Corresponding taxing unit" means another taxing unit that:
(A) is of the same type of political subdivision as a taxing unit that enters into an agreement under Section 504.202; and
(B) taxes property located in the defined area of a project that is the subject of the agreement.
(3) "Taxing unit" has the meaning assigned by Section 1.04, Tax Code.
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 fe509953eeda3eeb7a673fa18fb142af60a22a3e2e622afc8a530de25782c1f4
- 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.
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.