Tex. Loc. Gov't Code § 375.308

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

Section 375.308 - Powers of the Authority; Municipality

(a) An authority:

(1) may plan, design, implement, develop, construct, and finance eligible projects as defined in this subchapter; and

(2) has the powers of a municipality under Chapter 378, as added by Chapter 1221, Acts of the 76th Legislature, Regular Session, 1999, and Chapter 380.

(b) An authority may not:

(1) issue bonds or notes without the prior approval of the governing body of the municipality that created the authority;

(2) seek a charter for or operate, within the boundaries of the authority, an open-enrollment charter school authorized by Subchapter D, Chapter 12, Education Code; or

(3) levy ad valorem property taxes.

(c) A municipality may not seek a charter for or operate an open-enrollment charter school authorized by Subchapter D, Chapter 12, Education Code, within the boundaries of the authority.

Tex. Loc. Gov't. Code § 375.308

Added by Acts 2003, 78th Leg., ch. 961, Sec. 1, eff. 6/20/2003.