Texas Statutes
Chapter 311 - Tax Increment Financing Act
Section 311.01005. Costs Associated With Transportation or Transit Projects

Sec. 311.01005. COSTS ASSOCIATED WITH TRANSPORTATION OR TRANSIT PROJECTS. (a) In this section:
(1) "Bus rapid transit project" means a mass transportation facility designed to give preferential treatment to buses on a roadway in order to reduce bus travel time, improve service reliability, increase the convenience of users, and increase bus ridership, including:
(A) a fixed guideway, high occupancy vehicle lane, bus way, or bus lane;
(B) a transit center or station;
(C) a maintenance facility; and
(D) other real property associated with a bus rapid transit operation.
(2) "Rail transportation project" means a passenger rail facility, including:
(A) tracks;
(B) a rail line;
(C) a depot;
(D) a maintenance facility; and
(E) other real property associated with a passenger rail operation.
(b) This section does not affect the power of the board of directors of a reinvestment zone or the governing body of the municipality that creates a reinvestment zone to enter into an agreement under Section 311.010(b) to dedicate, pledge, or otherwise provide for the use of revenue in the tax increment fund to pay the costs of acquiring, constructing, operating, or maintaining property located in the zone or to acquire or reimburse acquisition costs of real property outside the zone for right-of-way or easements necessary to construct public rights-of-way or infrastructure that benefits the zone.
(c) An agreement under Section 311.010(b) may dedicate, pledge, or otherwise provide for the use of revenue in the tax increment fund to pay the costs of acquiring land, or the development rights or a conservation easement in land, located outside the reinvestment zone, if:
(1) the zone is or will be served by a rail transportation project or bus rapid transit project;
(2) the land or the development rights or conservation easement in the land is acquired for the purpose of preserving the land in its natural or undeveloped condition; and
(3) the land is located in the county in which the zone is located.
(d) The board of directors of a reinvestment zone, if all of the members of the board are appointed by the municipality that creates the zone, or the governing body of the municipality that creates a reinvestment zone may enter into an agreement described by Subsection (c) only if:
(1) the board or the governing body determines that the acquisition of the land, or the development rights or conservation easement in the land, located outside the zone benefits or will benefit the zone by facilitating the preservation of regional open space in order to balance the regional effects of urban development promoted by the rail transportation project or bus rapid transit project; and
(2) the municipality that creates the reinvestment zone and the county in which the zone is located pay the same portion of their tax increment into the tax increment fund for the zone.
(e) Property acquired under Subsection (c) may not be acquired through condemnation.
Added by Acts 2005, 79th Leg., Ch. 1134 (H.B. 2653), Sec. 1, eff. June 18, 2005.

Structure Texas Statutes

Texas Statutes

Tax Code

Title 3 - Local Taxation

Subtitle B - Special Property Tax Provisions

Chapter 311 - Tax Increment Financing Act

Section 311.001. Short Title

Section 311.002. Definitions

Section 311.003. Procedure for Creating Reinvestment Zone

Section 311.0031. Enterprise Zone

Section 311.004. Contents of Reinvestment Zone Ordinance or Order

Section 311.005. Criteria for Reinvestment Zone

Section 311.006. Restrictions on Composition of Reinvestment Zone

Section 311.007. Changing Boundaries or Term of Existing Zone

Section 311.008. Powers of Municipality or County

Section 311.0085. Power of Certain Municipalities

Section 311.0087. Restriction on Powers of Certain Municipalities

Section 311.009. Composition of Board of Directors

Section 311.0091. Composition of Board of Directors of Certain Reinvestment Zones

Section 311.0092. Notice to State Senator and State Representative; Waiver of Service on Board

Section 311.010. Powers and Duties of Board of Directors

Section 311.01005. Costs Associated With Transportation or Transit Projects

Section 311.0101. Participation of Disadvantaged Businesses in Certain Zones

Section 311.011. Project and Financing Plans

Section 311.012. Determination of Amount of Tax Increment

Section 311.0123. Sales Tax Increment

Section 311.0125. Tax Abatement Agreements

Section 311.013. Collection and Deposit of Tax Increments

Section 311.014. Tax Increment Fund

Section 311.015. Tax Increment Bonds and Notes

Section 311.016. Annual Report by Municipality or County

Section 311.0163. Annual Report by Comptroller

Section 311.017. Termination of Reinvestment Zone

Section 311.018. Conflicts With Municipal Charter

Section 311.019. Central Registry

Section 311.020. State Assistance

Section 311.021. Act or Proceeding Presumed Valid