{"data":{"id":"us-tx/tex.-special-district-local-laws-code-3906.305","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 3906.305","heading":"USE OF MONEY.","body":"The district may grant money deposited in the tax increment fund to the district to be used by the district for the purposes permitted for money granted to a corporation under Section 380.002(b), Local Government Code, including the right to pledge the money as security for any bonds issued by the district for an improvement project.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 1269 (S.B. 1922), Sec. 1, eff. June 17, 2011.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 4. DEVELOPMENT AND IMPROVEMENT","SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT","CHAPTER 3906. PORT ISABEL IMPROVEMENT DISTRICT NO. 1","SUBCHAPTER F. TAX INCREMENT REINVESTMENT ZONE"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3906.htm#3906.305","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"8b8f64354699b7e4446b56220fba12b4184d5917111769957d436596dc3c188e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-3906.304","next":"us-tx/tex.-special-district-local-laws-code-3906.306"},"notice":"GroundRules: Original legal text. Not legal advice."}