Sec. 171.256. LOCAL GOVERNMENT FINANCING. (a) Section 173.256(d), relating to the limit on payments made by a local government, does not apply to a district to which Section 171.053 applies.
(b) A district to which Section 171.053 applies may use money paid to the district by a local government outside the territory of the local government if the money is used for a public purpose of the local government.
(c) A district to which Section 171.053 applies may pledge money paid to the district by a local government to secure the payment of a district debt.
Added by Acts 2009, 81st Leg., R.S., Ch. 33 (H.B. 2433), Sec. 2, eff. September 1, 2009.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 91 (S.B. 1303), Sec. 24.002, eff. September 1, 2011.
Structure Texas Statutes
Subtitle I - Special Districts
Chapter 171 - Freight Rail Districts
Subchapter F. Financial Provisions
Section 171.251. Pledge of Revenue
Section 171.252. Purchase Contracts
Section 171.253. Ad Valorem and Sales and Use Taxes Prohibited
Section 171.254. Fees Charged to Railroads
Section 171.255. Port Terminal Railroad Association Rail Facilities