Section 4501.153 - Grants From Other Taxing Authority; Contract(a) A taxing authority in Anderson or Cherokee County may by contract grant to the authority:(1) sales tax revenue received from a sale made on property owned, controlled, or leased by the authority or by a person with whom the authority contracts under Section 4501.102; or(2) local hotel occupancy tax revenue received from a hotel located within one mile of a place where the Texas State Railroad loads or unloads passengers.(b) The grant must serve a public purpose of the taxing authority making the grant.Tex. Spec. Dist. Loc. Laws § 4501.153
Added by Acts 2007, 80th Leg., R.S., Ch. 568, Sec. 1, eff. 6/16/2007.