Tex. Gov't Code § 1503.152

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1503.152 - Pledge of Income

A municipality may pledge the income from its airport and anything the municipality acquires relating to the airport to secure the payment of money to:

(1) purchase the airport; or

(2) construct, improve, enlarge, extend, or repair a permanent improvement, including a building, repair shop, or other structure.

Tex. Gov't. Code § 1503.152

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.