Sec. 373A.107. TRANSFER FROM GOVERNMENTAL ENTITIES; FORGIVING OUTSTANDING TAXES. (a) A governmental entity may transfer land to a trust without competitive bidding.
(b) A taxing unit may forgive outstanding taxes and fees on property transferred under this section if otherwise allowed by law.
Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle A - Municipal Planning and Development
Chapter 373A - Homestead Preservation Districts and Reinvestment Zones
Subchapter C. Homestead Land Trust
Section 373A.102. Nature of Nonpublic Trust
Section 373A.103. Purpose of Trust
Section 373A.104. Board of Directors
Section 373A.105. Title to Land
Section 373A.106. Sale or Lease of Housing Units
Section 373A.107. Transfer From Governmental Entities; Forgiving Outstanding Taxes
Section 373A.109. Relation to Other Law
Section 373A.110. Applicability of Subchapter to Trust Operated by Housing Finance Corporation