Sec. 505.157. PROJECTS RELATED TO BUSINESS ENTERPRISES IN LANDLOCKED COMMUNITIES. (a) In this section, "landlocked community" means a municipality that:
(1) is wholly or partly located in a county with a population of two million or more; and
(2) has within its municipal limits and extraterritorial jurisdiction less than 100 acres that can be used for the development of manufacturing or industrial facilities in accordance with the municipality's zoning laws or land use restrictions.
(b) For a landlocked community that authorizes or has authorized the creation of a Type B corporation, "project" also includes expenditures found by the board of directors to be required for the promotion of new or expanded business enterprises in the landlocked community.
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 505 - Type B Corporations
Subchapter D. Authorized Projects
Section 505.151. Authorized Projects
Section 505.152. Projects Related to Recreational or Community Facilities
Section 505.153. Projects Related to Affordable Housing
Section 505.154. Projects Related to Water Supply Facilities and Water Conservation Programs
Section 505.155. Projects Related to Business Enterprises That Create or Retain Primary Jobs
Section 505.156. Projects Related to Business Enterprises in Certain Municipalities
Section 505.1561. Projects Related to Airport Facilities in Certain Municipalities
Section 505.157. Projects Related to Business Enterprises in Landlocked Communities
Section 505.158. Projects Related to Business Development in Certain Small Municipalities
Section 505.159. Hearing Required to Undertake Project
Section 505.160. Election Required for Project; Petition
Section 505.161. Public Purpose Designation; Exemption From Taxation