{"data":{"id":"us-tx/tex.-local-government-code-504.201","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 504.201","heading":"DEFINITIONS.","body":"In this subchapter:\n(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.\n(2) \"Corresponding taxing unit\" means another taxing unit that:\n(A) is of the same type of political subdivision as a taxing unit that enters into an agreement under Section 504.202; and\n(B) taxes property located in the defined area of a project that is the subject of the agreement.\n(3) \"Taxing unit\" has the meaning assigned by Section 1.04, Tax Code.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.504.htm#504.201","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"572b38971d0a65332b4dcd51fd03bc8bfd16d72e340aa8cc24c476fd78177656","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-504.171","next":"us-tx/tex.-local-government-code-504.202"},"notice":"GroundRules: Original legal text. Not legal advice."}