GroundRules
Tex. Local Government Code § 504.201: DEFINITIONS.
Where this section sits in the code
- LOCAL GOVERNMENT CODE
- TITLE 12. PLANNING AND DEVELOPMENT
- SUBTITLE C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT
- CHAPTER 504. TYPE A CORPORATIONS
- SUBCHAPTER E. INVESTMENT AGREEMENTS
In this subchapter:
(1) "Base taxable value" means the taxable value of property located in the defined area of a project as of January 1 of the year in which the agreement is entered into under Section 504.202.
(2) "Corresponding taxing unit" means another taxing unit that:
(A) is of the same type of political subdivision as a taxing unit that enters into an agreement under Section 504.202; and
(B) taxes property located in the defined area of a project that is the subject of the agreement.
(3) "Taxing unit" has the meaning assigned by Section 1.04, Tax Code.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.
Collected 2026-08-27T01:47:27Z. Source file · JSON