Section 2116.073 - Leasing Property and Use of Lease Proceeds(a) The comptroller may lease at fair market value any portion of a property acquired under this subchapter to a private tenant for commercial activities.(b) Money received by the comptroller under a lease of property acquired under this subchapter may be used by the comptroller to:(1) repay obligations issued under Section 1232.1026 and used to acquire the property or construct the building; or(2) make payments under a lease-to-purchase agreement or other comparable financing agreement between the comptroller and the Texas Public Finance Authority.Tex. Gov't. Code § 2116.073
Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 981,Sec. 2, eff. 6/18/2021.