Texas Tax Code § 313.053 Minimum Amounts Of Qualified Investment

Sec. 313.053. MINIMUM AMOUNTS OF QUALIFIED INVESTMENT. For each category of school district established by Section 313.052, the minimum amount of a qualified investment under Section 313.021(2)(A)(iv)(a) is as follows:

CATEGORYMINIMUM QUALIFIED INVESTMENTI$30 millionII$20 millionIII$10 millionIV$5 millionV$1 million

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

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Last modified: September 28, 2016