Tex. Spec. Dist. Local Laws Code § 8359.007 · Subchapter A. GENERAL PROVISIONS
ELIGIBILITY FOR INCLUSION IN TAX INCREMENT REINVESTMENT ZONE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) All or any part of the district is eligible to be included in a tax increment reinvestment zone created under Chapter 311, Tax Code.
(b) If the City of Denison creates a tax increment reinvestment zone described by Subsection (a) that includes all or part of the territory of the district, the City of Denison and the board of directors of the zone, by contract with the district, may grant money to the district to be used for a permissible purpose of a corporation under Section 380.002(b), Local Government Code, including the right to pledge the money as security for a bond issued by the district.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1071 (H.B. 4737), Sec. 1, eff. September 1, 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.8359.htm
- Text hash
- sha256 c206077243b06d96570b32201f3e9923fdcb4308f5688ac6ce2ccae082dbced0
- 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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