Sec. 505.159. HEARING REQUIRED TO UNDERTAKE PROJECT. (a) Except as provided by Subsection (b), a Type B corporation shall hold at least one public hearing on a proposed project before spending money to undertake the project.
(b) A Type B corporation the creation of which was authorized by a municipality with a population of less than 20,000 is not required to hold a public hearing under this section if the proposed project is defined by Subchapter C, Chapter 501.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 15.015(a), eff. September 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