Sec. 504.103. LIMITATION ON PRIMARY PURPOSE OF PROJECT; EXCEPTIONS. (a) Except as otherwise provided by this section, a Type A corporation may not undertake a project the primary purpose of which is to provide:
(1) a transportation facility;
(2) a solid waste disposal facility;
(3) a sewage facility;
(4) a facility for furnishing water to the general public; or
(5) an air or water pollution control facility.
(b) A Type A corporation may provide a facility described by Subsection (a) to benefit property acquired for a project that has another primary purpose.
(c) A Type A corporation may undertake a project the primary purpose of which is to provide:
(1) a general aviation business service airport that is an integral part of an industrial park;
(2) a port-related facility to support waterborne commerce; or
(3) an airport-related facility, if the authorizing municipality:
(A) is wholly or partly located within 25 miles of an international border; and
(B) has, at the time the project is approved by the corporation as provided by this subtitle:
(i) a population of less than 50,000; or
(ii) an average rate of unemployment that is greater than the state average rate of unemployment during the most recent 12-month period for which data is available that precedes the date the project is approved.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
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