Tex. Loc. Gov't Code § 504.103

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 504.103 - Limitation on Primary Purpose of Project; Exceptions
(a) Except as otherwise provided by this section, a Type A corporation may not undertake a project the primary purpose of which is to provide:
(1) a transportation facility;
(2) a solid waste disposal facility;
(3) a sewage facility;
(4) a facility for furnishing water to the general public; or
(5) an air or water pollution control facility.
(b) A Type A corporation may provide a facility described by Subsection (a) to benefit property acquired for a project that has another primary purpose.
(c) A Type A corporation may undertake a project the primary purpose of which is to provide:
(1) a general aviation business service airport that is an integral part of an industrial park;
(2) a port-related facility to support waterborne commerce; or
(3) an airport-related facility, if the authorizing municipality:
(A) is wholly or partly located within 25 miles of an international border; and
(B) has, at the time the project is approved by the corporation as provided by this subtitle:
(i) a population of less than 50,000; or
(ii) an average rate of unemployment that is greater than the state average rate of unemployment during the most recent 12-month period for which data is available that precedes the date the project is approved.

Tex. Loc. Gov't. Code § 504.103

Added by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.01, eff. 4/1/2009.