Sec. 504.301. DELIVERY AND GENERAL USE OF TAX PROCEEDS. On the authorizing municipality's receipt from the comptroller of the proceeds of the sales and use tax imposed under this chapter, the authorizing municipality shall deliver the proceeds to the Type A corporation for use in carrying out the corporation's functions.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Structure Texas Statutes
Title 12 - Planning and Development
Chapter 504 - Type a Corporations
Subchapter G. Use of Tax Proceeds
Section 504.301. Delivery and General Use of Tax Proceeds
Section 504.302. Payment of Maintenance and Operating Costs; Election
Section 504.303. Payment of Bonds
Section 504.304. Payment for Cleanup of Contaminated Property; Election