{"data":{"id":"us-tx/tex.-government-code-1503.054","jurisdiction":"us-tx","citation":"Tex. Government Code § 1503.054","heading":"PLEDGE OF REVENUE.","body":"In addition to taxes, a municipality may pledge to the timely payment of the principal of and interest on warrants issued under this subchapter all or part of the receipts derived from the operation of the airport, including income, rent, revenue, and tolls.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES","CHAPTER 1503. OBLIGATIONS FOR MUNICIPAL AIRPORTS","SUBCHAPTER B. BONDS AND WARRANTS FOR AIRPORTS IN MUNICIPALITIES WITH POPULATION OF MORE THAN 40,000"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1503.htm#1503.054","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"b1920407f2f88f0e57161cd90131c6e2b8096a871f5344af31da639f61ad8a9a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1503.053","next":"us-tx/tex.-government-code-1503.055"},"notice":"GroundRules: Original legal text. Not legal advice."}