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Subchapter A. General Provisions
Section 505.001. Definition - Sec. 505.001. DEFINITION. In this chapter, "authorizing municipality" means the...
Section 505.002. Applicability of Chapter - Sec. 505.002. APPLICABILITY OF CHAPTER. This chapter applies only to:...
Section 505.003. Authority to Create Corporation - Sec. 505.003. AUTHORITY TO CREATE CORPORATION. (a) A municipality may...
Section 505.004. Contents of Certificate of Formation - Sec. 505.004. CONTENTS OF CERTIFICATE OF FORMATION. The certificate of...
Section 505.005. Corporation Not Subject to Certain Provisions - Sec. 505.005. CORPORATION NOT SUBJECT TO CERTAIN PROVISIONS. Sections 501.203,...
Subchapter B. Governance of Corporation
Section 505.051. Board of Directors - Sec. 505.051. BOARD OF DIRECTORS. (a) The board of directors...
Section 505.052. Restriction on Board Membership - Sec. 505.052. RESTRICTION ON BOARD MEMBERSHIP. (a) Each director of...
Section 505.053. Officers - Sec. 505.053. OFFICERS. The board of directors of a Type...
Section 505.054. Quorum - Sec. 505.054. QUORUM. A majority of the entire membership of...
Section 505.055. Location of Board Meetings - Sec. 505.055. LOCATION OF BOARD MEETINGS. (a) Except as provided...
Section 505.056. Restrictions on Registered Agent and Office - Sec. 505.056. RESTRICTIONS ON REGISTERED AGENT AND OFFICE. (a) The...
Subchapter C. Powers and Duties
Section 505.101. Applicability of Other Law; Conflicts - Sec. 505.101. APPLICABILITY OF OTHER LAW; CONFLICTS. A Type B...
Section 505.102. Contract With Other Private Corporation - Sec. 505.102. CONTRACT WITH OTHER PRIVATE CORPORATION. A Type B...
Section 505.103. Limitation on Use of Revenues for Promotional Purposes - Sec. 505.103. LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSES....
Section 505.104. Bond Repayment - Sec. 505.104. BOND REPAYMENT. (a) Bonds or other obligations that...
Section 505.1041. Appraisal Required Before Purchase of Property With Bond Proceeds - Sec. 505.1041. APPRAISAL REQUIRED BEFORE PURCHASE OF PROPERTY WITH BOND...
Section 505.105. Eminent Domain - Sec. 505.105. EMINENT DOMAIN. A Type B corporation may exercise...
Section 505.106. Liability - Sec. 505.106. LIABILITY. (a) The following are not liable for...
Subchapter D. Authorized Projects
Section 505.151. Authorized Projects - Sec. 505.151. AUTHORIZED PROJECTS. In this chapter, "project" means land,...
Section 505.152. Projects Related to Recreational or Community Facilities - Sec. 505.152. PROJECTS RELATED TO RECREATIONAL OR COMMUNITY FACILITIES. For...
Section 505.153. Projects Related to Affordable Housing - Sec. 505.153. PROJECTS RELATED TO AFFORDABLE HOUSING. For purposes of...
Section 505.154. Projects Related to Water Supply Facilities and Water Conservation Programs - Sec. 505.154. PROJECTS RELATED TO WATER SUPPLY FACILITIES AND WATER...
Section 505.155. Projects Related to Business Enterprises That Create or Retain Primary Jobs - Sec. 505.155. PROJECTS RELATED TO BUSINESS ENTERPRISES THAT CREATE OR...
Section 505.156. Projects Related to Business Enterprises in Certain Municipalities - Sec. 505.156. PROJECTS RELATED TO BUSINESS ENTERPRISES IN CERTAIN MUNICIPALITIES....
Section 505.1561. Projects Related to Airport Facilities in Certain Municipalities - Sec. 505.1561. PROJECTS RELATED TO AIRPORT FACILITIES IN CERTAIN MUNICIPALITIES....
Section 505.157. Projects Related to Business Enterprises in Landlocked Communities - Sec. 505.157. PROJECTS RELATED TO BUSINESS ENTERPRISES IN LANDLOCKED COMMUNITIES....
Section 505.158. Projects Related to Business Development in Certain Small Municipalities - Sec. 505.158. PROJECTS RELATED TO BUSINESS DEVELOPMENT IN CERTAIN SMALL...
Section 505.159. Hearing Required to Undertake Project - Sec. 505.159. HEARING REQUIRED TO UNDERTAKE PROJECT. (a) Except as...
Section 505.160. Election Required for Project; Petition - Sec. 505.160. ELECTION REQUIRED FOR PROJECT; PETITION. (a) A Type...
Section 505.161. Public Purpose Designation; Exemption From Taxation - Sec. 505.161. PUBLIC PURPOSE DESIGNATION; EXEMPTION FROM TAXATION. (a) The...
Subchapter E. Sports Venue Projects and Related Infrastructure
Section 505.201. Definitions - Sec. 505.201. DEFINITIONS. In this subchapter: (1) "Related infrastructure" has...
Section 505.202. Election: Use of Tax Proceeds for Sports Venue Projects - Sec. 505.202. ELECTION: USE OF TAX PROCEEDS FOR SPORTS VENUE...
Section 505.203. Public Hearing Preceding Election - Sec. 505.203. PUBLIC HEARING PRECEDING ELECTION. Before an election may...
Section 505.204. Limitation on Subsequent Election - Sec. 505.204. LIMITATION ON SUBSEQUENT ELECTION. If a majority of...
Section 505.205. Subsequent Approval of Additional Projects - Sec. 505.205. SUBSEQUENT APPROVAL OF ADDITIONAL PROJECTS. Prior approval of...
Section 505.206. Effect of Subchapter on Election Authority - Sec. 505.206. EFFECT OF SUBCHAPTER ON ELECTION AUTHORITY. This subchapter...
Subchapter F. Sales and Use Tax
Section 505.251. Tax Authorized - Sec. 505.251. TAX AUTHORIZED. The governing body of the authorizing...
Section 505.252. Sales Tax - Sec. 505.252. SALES TAX. (a) If the authorizing municipality adopts...
Section 505.253. Use Tax - Sec. 505.253. USE TAX. (a) If the authorizing municipality adopts...
Section 505.254. Specification of Tax Rate on Ballot - Sec. 505.254. SPECIFICATION OF TAX RATE ON BALLOT. In an...
Section 505.255. Adoption of Tax at Election to Reduce or Abolish Tax for Type a Corporation - Sec. 505.255. ADOPTION OF TAX AT ELECTION TO REDUCE OR...
Section 505.256. Applicability of Tax Code - Sec. 505.256. APPLICABILITY OF TAX CODE. (a) Chapter 321, Tax...
Section 505.2565. Limitation on Duration of Tax - Sec. 505.2565. LIMITATION ON DURATION OF TAX. (a) At an...
Section 505.2566. Election to Reduce or Increase Tax Rate - Sec. 505.2566. ELECTION TO REDUCE OR INCREASE TAX RATE. (a)...
Section 505.257. Reduction of Tax Within Regional Transportation Authority - Sec. 505.257. REDUCTION OF TAX WITHIN REGIONAL TRANSPORTATION AUTHORITY. Notwithstanding...
Section 505.2575. Limited Sales and Use Tax for Specific Project - Sec. 505.2575. LIMITED SALES AND USE TAX FOR SPECIFIC PROJECT....
Section 505.258. Cessation of Collection of Taxes - Sec. 505.258. CESSATION OF COLLECTION OF TAXES. A sales and...
Section 505.259. Election Requirement for Certain Municipalities - Sec. 505.259. ELECTION REQUIREMENT FOR CERTAIN MUNICIPALITIES. For a tax...
Subchapter G. Use of Tax Proceeds
Section 505.301. Delivery of Tax Proceeds - Sec. 505.301. DELIVERY OF TAX PROCEEDS. On the authorizing municipality's...
Section 505.302. Payment of Project Costs, Bonds, or Other Obligations - Sec. 505.302. PAYMENT OF PROJECT COSTS, BONDS, OR OTHER OBLIGATIONS....
Section 505.303. Payment of Maintenance and Operating Costs; Election - Sec. 505.303. PAYMENT OF MAINTENANCE AND OPERATING COSTS; ELECTION. (a)...
Section 505.304. Payment for Certain Water-Related Projects: Election Required - Sec. 505.304. PAYMENT FOR CERTAIN WATER-RELATED PROJECTS: ELECTION REQUIRED. (a)...
Section 505.305. Payment for Cleanup of Contaminated Property; Election - Sec. 505.305. PAYMENT FOR CLEANUP OF CONTAMINATED PROPERTY; ELECTION. (a)...
Subchapter H. Termination of Corporation
Section 505.351. Applicability of Subchapter - Sec. 505.351. APPLICABILITY OF SUBCHAPTER. This subchapter applies only to...
Section 505.352. Election to Terminate Existence of Corporation on Petition - Sec. 505.352. ELECTION TO TERMINATE EXISTENCE OF CORPORATION ON PETITION....
Section 505.353. Ballot - Sec. 505.353. BALLOT. The ballot for an election held under...
Section 505.354. Termination of Existence of Corporation - Sec. 505.354. TERMINATION OF EXISTENCE OF CORPORATION. (a) If a...
Section 505.355. Election Rejecting Termination - Sec. 505.355. ELECTION REJECTING TERMINATION. If less than a majority...