Tex. Spec. Dist. Local Laws Code § 8414.007 · Subchapter A. GENERAL PROVISIONS
ELIGIBILITY FOR INCLUSION IN TAX INCREMENT REINVESTMENT ZONE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district is eligible to be included in a tax increment reinvestment zone created under Chapter 311, Tax Code.
(b) If the City of Conroe has created or creates a tax increment reinvestment zone described by Subsection (a) that includes all or part of the territory of the district, the City of Conroe and the board of directors of the zone or a developer of property within the tax increment reinvestment zone that receives or will receive money from the tax increment fund, by contract with the district, may grant money to the district from the tax increment fund to be used for a permissible purpose of the district, including:
(1) the right to pledge the money as security for a bond or other obligation issued by the district; and
(2) any permissible purpose of a corporation under Section 380.002(b), Local Government Code.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 909 (H.B. 1260), Sec. 1, eff. June 14, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8414.htm
- Text hash
- sha256 0613fc4d8ae00377c9f6a143da5b65b7329ddf249e045e046a40c1345b319fe0
- 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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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.