Tex. Spec. Dist. Local Laws Code § 3965.0803 · Subchapter H. SPECIAL BOND PROVISIONS
WRITTEN AGREEMENT REGARDING SPECIAL APPRAISALS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Before the district may issue bonds, the district and any person to whom the board intends that proceeds of the bonds be distributed, including the developer, another owner of land in the district, and any entity acting as a lender to the developer or other landowner for the purpose of a project relating to the district, must enter into a written agreement that:
(1) waives for the term of the agreement the right to a special appraisal with respect to taxation by the district under Subchapters B, C, D, E, F, and H, Chapter 23, Tax Code; and
(2) remains in effect for 30 years and is binding on the parties, on entities related to or affiliated with the parties, and on their successors and assignees.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 544 (H.B. 3436), Sec. 1, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3965.htm
- Text hash
- sha256 f2a9306d3ac558ad4134a8bcc451b3abe1c5b5c18de98c3a551b4fe799ecb7cd
- 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
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