Sec. 2310.102. ADVERSELY AFFECTED DEFENSE-DEPENDENT COMMUNITY. A municipality or county is an adversely affected defense-dependent community if the bank determines that:
(1) the municipality or county requires assistance because of:
(A) the proposed or actual establishment, realignment, or closure of a defense facility;
(B) the cancellation or termination of a United States Department of Defense contract or the failure of the department of defense to proceed with an approved major weapon system program;
(C) a publicly announced planned major reduction in department of defense spending that would directly and adversely affect the municipality or county; or
(D) the closure or a significant reduction of the operations of a defense facility as the result of a merger, acquisition, or consolidation of a defense contractor operating the facility; and
(2) the municipality or county is expected to experience, during the period between the beginning of the federal fiscal year during which an event described by Subdivision (1) is finally approved and the date that the event is to be substantially completed, a direct loss of:
(A) 2,500 or more defense worker jobs in any area of the municipality or county that is located in an urbanized area of a metropolitan statistical area;
(B) 1,000 or more defense worker jobs in any area of the municipality or county that is not located in an urbanized area of a metropolitan statistical area; or
(C) one percent of the civilian jobs in the municipality or county.
Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. May 19, 1997. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.32, eff. Sept. 1, 2003.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2310 - Defense Economic Readjustment Zone
Subchapter C. Designation of Readjustment Zone
Section 2310.101. Criteria for Readjustment Zone Designation
Section 2310.102. Adversely Affected Defense-Dependent Community
Section 2310.103. Nomination of Readjustment Zone
Section 2310.104. Nominating Ordinance or Order
Section 2310.105. Application for Designation
Section 2310.106. Review of Application
Section 2310.107. Designation Agreement
Section 2310.108. Denial of Application; Notice
Section 2310.109. Period of Designation