{"data":{"id":"us-tx/tex.-government-code-490g.001","jurisdiction":"us-tx","citation":"Tex. Government Code § 490G.001","heading":"DEFINITIONS.","body":"In this chapter:\n(1) \"Board\" means the Economic Incentive Oversight Board.\n(2) \"Monetary incentive\" means a grant, loan, or other form of monetary incentive paid from state revenues, including a state trust fund, that a business entity or other person may receive in exchange for or as a result of conducting an activity with an economic development purpose.\n(2-a) \"Rural county\" means a county with a population of less than 60,000.\n(3) \"Tax incentive\" means any exemption, deduction, credit, exclusion, waiver, rebate, discount, deferral, or other abatement or reduction of state tax liability of a business entity or other person that the person may receive in exchange for or as a result of conducting an activity with an economic development purpose.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 915 (H.B. 26), Sec. 2.01, eff. September 1, 2015.","path":["GOVERNMENT CODE","TITLE 4. EXECUTIVE BRANCH","SUBTITLE F. COMMERCE AND INDUSTRIAL DEVELOPMENT","CHAPTER 490G. ECONOMIC INCENTIVE OVERSIGHT BOARD"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.490G.htm#490G.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"21ce79c347beff324de289ca24396eb07f95fa8f9415d526113da647a514b816","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-490f.008","next":"us-tx/tex.-government-code-490g.002"},"notice":"GroundRules: Original legal text. Not legal advice."}