{"data":{"id":"us-tx/tex.-government-code-1509.003","jurisdiction":"us-tx","citation":"Tex. Government Code § 1509.003","heading":"AUTHORITY TO ISSUE BONDS.","body":"To develop and diversify the economy of this state and eliminate unemployment or underemployment in this state under the authority granted by Section 52-a, Article III, Texas Constitution, a municipality may issue and sell bonds to finance an action taken under Section 1509.001 or 1509.002.\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 1509. OBLIGATIONS FOR OTHER MUNICIPAL PURPOSES","SUBCHAPTER A. BONDS FOR FACILITIES TO BE SOLD OR LEASED TO PUBLIC OR PRIVATE ENTITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1509.htm#1509.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"a16a3874f4ddf9864fb1ddecd9d7584e5739de601a782a387e0792f0859333da","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1509.002","next":"us-tx/tex.-government-code-1509.004"},"notice":"GroundRules: Original legal text. Not legal advice."}