Tex. Loc. Gov't Code § 501.006
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A unit may use a corporation to issue bonds on the unit's behalf to finance the cost of a project, including a project in a federally designated empowerment zone or enterprise community or in an enterprise zone designated under Chapter 2303, Government Code, to promote and develop new and expanded business enterprises for the promotion and encouragement of employment and the public welfare.
Tex. Loc. Gov't. Code § 501.006