Texas Special District Local Laws Code § 3833.302 Eligibility For Inclusion In Special Zones

Sec. 3833.302. ELIGIBILITY FOR INCLUSION IN SPECIAL ZONES. (a) All or any part of the area of the district is eligible to be included in a tax increment reinvestment zone created by the city under Chapter 311, Tax Code.

(b) If the city includes all or part of the district in a tax increment reinvestment zone, the city may, for the area in the district, delegate to the district:

(1) all powers provided to the city under Chapter 311, Tax Code; or

(2) the power to enter into an interlocal agreement with an overlapping taxing unit for payment of all or a portion of the tax increment of the unit to the district.

Added by Acts 2005, 79th Leg., Ch. 468 (S.B. 1892), Sec. 1, eff. June 17, 2006.

Section: Previous  3833.257  3833.258  3833.259  3833.260  3833.261  3833.262  3833.301  3833.302  3833.303  3833.304  3833.351  3833.352  3833.353  3833.354  3833.355  Next

Last modified: September 28, 2016