Sec. 1069.211. ECONOMIC DEVELOPMENT. The district may allocate a portion of its annual sales and use tax revenue, not to exceed one-fourth of one percent, to encourage economic development in the district as described by Section 52-a, Article III, Texas Constitution.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1069 - Nacogdoches County Hospital District
Subchapter E. General Financial Provisions
Section 1069.202. Notice; Hearing; Approval of Budget
Section 1069.204. Restriction on Expenditures
Section 1069.207. Inspection of Audit and District Records
Section 1069.208. Financial Report
Section 1069.210. Spending Restrictions