Tex. Transp. Code § 460.608 · Subchapter I. PARTICIPATION IN AUTHORITY THROUGH TAX INCREMENT PAYMENTS
ACCOUNTING OF MAINTENANCE AND OPERATING EXPENSES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An authority shall, under an agreement under Section 460.602:
(1) provide to the municipality an annual accounting, with supporting documentation, of the annual maintenance and operating expenses of providing service to the public transportation financing area; and
(2) notify the municipality when amounts owed for all previous years' maintenance and operating expenses and for any capital cost incurred for the benefit of the public transportation financing area have been fully paid.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 921 (S.B. 1422), Sec. 4, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.460.htm
- Text hash
- sha256 645f3726e135e0a8ea7880d4986c791e43a65159a43484b7bc4b69aa1333a9ba
- 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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