Sec. 2310.303. PROHIBITION ON QUALIFIED BUSINESS CERTIFICATION. If the bank determines that the governing body of a readjustment zone is not complying with this chapter, the bank shall prohibit the certification of a qualified business in the zone until the bank determines that the governing body is complying with this chapter. The bank may not designate more than two defense readjustment projects in a single readjustment zone.
Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. May 19, 1997. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.42, 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 E. Qualified Businesses and Defense Readjustment Projects
Section 2310.302. Qualified Business
Section 2310.303. Prohibition on Qualified Business Certification
Section 2310.304. Request for Application for Defense Readjustment Project Designation
Section 2310.305. Application for Defense Readjustment Project Designation
Section 2310.306. Defense Readjustment Project Designation
Section 2310.307. Allocation of Jobs Eligible for Tax Refund