Tex. Spec. Dist. Local Laws Code § 3887.006 · Subchapter A. GENERAL PROVISIONS
ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If all or any part of the district is annexed into a municipality, any part of the area of the district is eligible to be included in:
(1) a tax increment reinvestment zone created by the municipality under Chapter 311, Tax Code;
(2) a tax abatement reinvestment zone created by the municipality under Chapter 312, Tax Code; or
(3) an enterprise zone created by the municipality under Chapter 2303, Government Code.
(b) If a municipality creates a tax increment reinvestment zone described by Subsection (a), the municipality, by contract with the district, may grant money deposited in the tax increment fund to the district to be used by the district for the purposes permitted for money granted to a corporation under Section 380.002(b), Local Government Code, including the right to pledge the money as security for any bonds issued by the district for an improvement project.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1078 (H.B. 4755), Sec. 1, eff. June 19, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3887.htm
- Text hash
- sha256 1749075ad703fb333ac27f2b4ee406530785a5c63ce32be69a3a70849fe5b8ba
- 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
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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.