Tex. Loc. Gov't Code § 109.006

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

Section 109.006 - Division Duties

(a) The division shall:

(1) compute the inflation rate used to make determinations under Section 109.005 each state fiscal year using a price index that accurately reports changes in the purchasing power of the dollar for municipalities in this state; and

(2) publish the inflation rate in the Texas Register.

(b) The division shall adopt rules establishing the criteria the division uses to approve reductions under Section 109.004(2).

Tex. Loc. Gov't. Code § 109.006

Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 199,Sec. 1.01, eff. 9/1/2021.