Texas Tax Code § 313.023 Minimum Amounts Of Qualified Investment

Sec. 313.023. MINIMUM AMOUNTS OF QUALIFIED INVESTMENT. For each category of school district established by Section 313.022, the minimum amount of a qualified investment under Section 313.021(2)(A)(iv)(a) is as follows:

CATEGORY MINIMUM QUALIFIED INVESTMENT I $100 million II $80 million III $60 million IV $40 million V $20 million

Added by Acts 2001, 77th Leg., ch. 1505, Sec. 1, eff. Jan. 1, 2002.

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Last modified: September 28, 2016