{"data":{"id":"us-tx/tex.-local-government-code-271.002","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 271.002","heading":"PURPOSE.","body":"(a) The legislature finds that the purchase or other acquisition or the use of property by governmental agencies and the financing of those activities are necessary to the efficient and economic operation of government.\n(b) This subchapter promotes a public purpose by furnishing governmental agencies with a feasible means to purchase or otherwise acquire, use, and finance public property.\nActs 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1993, 73rd Leg., ch. 752, Sec. 1, eff. Aug. 30, 1993.","path":["LOCAL GOVERNMENT CODE","TITLE 8. ACQUISITION, SALE, OR LEASE OF PROPERTY","SUBTITLE C. ACQUISITION, SALE, OR LEASE PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 271. PURCHASING AND CONTRACTING AUTHORITY OF MUNICIPALITIES, COUNTIES, AND CERTAIN OTHER LOCAL GOVERNMENTS","SUBCHAPTER A. PUBLIC PROPERTY FINANCE ACT"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.271.htm#271.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"6ab9f9ec82907846c0b299d26d866939b9d9123276c4b72a1f8c2a04c32a443d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-271.001","next":"us-tx/tex.-local-government-code-271.003"},"notice":"GroundRules: Original legal text. Not legal advice."}