reglab/housing_qa huggingface dataset:
TX Govt Code § 1433.002 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter A. General Provisions|Section 1433.002. Definitions

Sec. 1433.002.  DEFINITIONS.  In this chapter:(1)  "Department" means the Texas Department of Economic Development.(2)  "District" means a conservation and reclamation district established under Section 59, Article XVI, or Section 52, Article III, Texas Constitution.(3)  "Governing body" means the commissioners court of a county or the governing body of a municipality or district.(4)  "Industrial project" means the land, buildings, equipment, facilities, and improvements found by the governing body to be required or suitable for the promotion of industrial development and for use by manufacturing or industrial enterprise, regardless of whether the land, buildings, equipment, facilities, and improvements are in existence when or are to be acquired or constructed after the finding is made.(5)  "Issuer" means a municipality, county, or district.(6)  "Medical project" means the land, buildings, equipment, facilities, and improvements found by the governing body to be required for public health, research, and medical facilities located in this state, regardless of whether the land, buildings, equipment, facilities, and improvements are in existence when or are to be acquired or constructed after the finding is made.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter A. General Provisions|Section 1433.003. Applicability of Chapter to Municipalities

Sec. 1433.003.  APPLICABILITY OF CHAPTER TO MUNICIPALITIES.  This chapter applies to a municipality only if the municipality:(1)  has the power to impose an ad valorem tax of not less than $1.50 on each $100 valuation of taxable property in the municipality;  or(2)  is a home-rule municipality.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.004 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter A. General Provisions|Section 1433.004. Cost of Project

Sec. 1433.004.  COST OF PROJECT.  For purposes of this chapter, the cost of an industrial project or medical project is:(1)  the cost of acquisitions for the project, including the cost of the acquisition of all land, rights-of-way, property rights, easements, and interests acquired for the construction;(2)  the cost of all machinery and equipment;(3)  financing charges;(4)  interest accruing before and during construction and until the first anniversary of the date on which the construction is completed;(5)  the cost of estimates, including estimates of revenue, engineering and legal services, plans, specifications, surveys, and other expenses necessary or incident to determining the feasibility and practicability of constructing the project;(6)  administrative expenses;  and(7)  other expenses that are necessary or incident to the acquisition of the project, the financing of the acquisition, and the placing of the project in operation.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.005 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter A. General Provisions|Section 1433.005. Ultimate Lessee

Sec. 1433.005.  ULTIMATE LESSEE.  For purposes of this chapter, an ultimate lessee is the person, firm, corporation, or company that leases an industrial project or medical project from the lessee of the project.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.006 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter A. General Provisions|Section 1433.006. Correction of Invalid Procedures

Sec. 1433.006.  CORRECTION OF INVALID PROCEDURES.  If a court holds that any procedure under this chapter violates the constitution of this state or the United States, the issuer by resolution may provide an alternative procedure that conforms with the constitution.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.007 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter A. General Provisions|Section 1433.007. Relocation or Alteration Expense

Sec. 1433.007.  RELOCATION OR ALTERATION EXPENSE.  If a municipality, county, district, or other political subdivision, in the exercise of a power under this chapter, including the power of relocation, makes necessary the relocation or rerouting of, or alteration of the construction of, a highway, railroad, electric transmission line, telegraph or telephone property or facility, or pipeline, the relocation or rerouting or alteration of construction must be accomplished at the sole expense of the political subdivision.  In this section, "sole expense" means the actual cost of the relocation or rerouting or alteration of construction to provide comparable replacement without enhancement of the facility, after deduction of the net salvage value derived from the old facility.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.008 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter A. General Provisions|Section 1433.008. Use of State Money

Sec. 1433.008.  USE OF STATE MONEY.  (a)  The legislature may not appropriate money to pay all or a part of the obligation of an issuer under this chapter.(b)  The department shall pay any expense it incurs under this chapter from money appropriated to the department.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.021 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter B. Powers of Issuer|Section 1433.021. Acquisition of Project; Disposition

Sec. 1433.021.  ACQUISITION OF PROJECT;  DISPOSITION.  (a)  An issuer may acquire, by construction, purchase, devise, gift, or lease or by more than one of those methods, an industrial project or medical project that is located in this state and at least a part of which is located within the issuer's territorial limits.(b)  For an issuer that is a municipality, an industrial project or medical project may be located outside the municipality's territorial limits if the project is within the municipality's extraterritorial jurisdiction as determined under Subchapter B, Chapter 42, Local Government Code.(c)  An issuer may sell and convey all or any part of property acquired under this section and make an order relating to the sale or conveyance that the issuer considers conducive to the best interest of the issuer.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.022 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter B. Powers of Issuer|Section 1433.022. Limitations on Acquisitions

Sec. 1433.022.  LIMITATIONS ON ACQUISITIONS.  (a)  An issuer may not acquire an industrial project, or any part of an industrial project, by eminent domain.(b)  Land previously acquired by an issuer by eminent domain may be sold, leased, or otherwise used in accordance with this chapter, if the governing body determines that:(1)  the use will not interfere with the purpose for which that land was originally acquired or that the land is no longer needed for that purpose;(2)  at least seven years have elapsed since the land was acquired by eminent domain;  and(3)  the land was not acquired for park purposes unless the sale or lease of that land has been approved at an election held under Section 1502.055.(c)  An issuer may not acquire or construct an industrial project or medical project for an individual, firm, partnership, or corporation, or make or authorize a lease to an individual, firm, partnership, or corporation if the effect of the lease of that project is to remove the lessee's business from existing facilities in this state.(d)  An issuer may not issue bonds to acquire existing facilities for the purpose of leasing those facilities to the industrial concern from which the facilities are acquired or to another person controlled by the industrial concern.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 31, eff. Sept. 1, 1999.|
TX Govt Code § 1433.023 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter B. Powers of Issuer|Section 1433.023. Authority to Issue Revenue Bonds

Sec. 1433.023.  AUTHORITY TO ISSUE REVENUE BONDS.  (a)  Except as provided by Subsection (b), an issuer may issue revenue bonds to pay all or a part of the cost of acquiring, constructing, enlarging, or improving an industrial project, including a project in an enterprise zone designated under Chapter 2303, or a medical project.(b)  A district may not authorize revenue bonds for a medical project.(c)  An issuer may secure the payment of the bonds as provided by this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.024 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter B. Powers of Issuer|Section 1433.024. Lease of Project

Sec. 1433.024.  LEASE OF PROJECT.  (a)  An issuer may, in accordance with this chapter, lease any or all of the issuer's industrial projects and medical projects.(b)  An issuer may lease property under this chapter only to a corporation organized under the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes).|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.025 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter B. Powers of Issuer|Section 1433.025. Advertising for Certain Contracts; Performance and Payment Bonds

Sec. 1433.025.  ADVERTISING FOR CERTAIN CONTRACTS;  PERFORMANCE AND PAYMENT BONDS.  (a)  A contract for construction or purchase under this chapter involving the expenditure of more than $2,000 may be made only after advertising in the manner provided by Chapter 252, Local Government Code, or Subchapter C, Chapter 262, Local Government Code, as applicable.(b)  The provisions of Chapter 2253 relating to performance and payment bonds apply to construction contracts let by the issuer.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.026 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter B. Powers of Issuer|Section 1433.026. Prohibited Operations

Sec. 1433.026.  PROHIBITED OPERATIONS.  An issuer may not operate an industrial project as a business or in any manner other than as the lessor of the project.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.041 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.041. Department Approval of Lease; Appeal

Sec. 1433.041.  DEPARTMENT APPROVAL OF LEASE;  APPEAL.  (a)  An issuer may not begin proceedings to authorize bonds under Section 1433.044 or 1433.061 until the department has given tentative approval to the suggested contents of the lease agreement, and if a lessee is allowed to sublease, the department has tentatively approved the financial responsibility of the ultimate lessee.  The department shall investigate a proposed acquisition of existing facilities for compliance with Section 1433.022(d) before tentatively approving an industrial project or medical project.(b)  The department may not give final approval to any agreement unless the department affirmatively finds that the lessee and ultimate lessee have the business experience, financial resources, and responsibility to provide reasonable assurance that all bonds and interest on the bonds to be paid from or because of that agreement will be paid as they become due.(c)  The attorney general may not approve bonds to be issued under this chapter until the department has given final approval to the lease agreement and may not approve the bonds if the provisions for security and payment of lease payments do not conform with this chapter.(d)  An issuer may appeal any adverse ruling or decision of the department under this section to a district court in Travis County.  The substantial evidence rule applies to an appeal under this subsection.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.042 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.042. Regulation of Leases

Sec. 1433.042.  REGULATION OF LEASES.  The department by rule shall adopt minimum standards for lease agreements and guidelines relating to financial responsibilities of the lessee and any ultimate lessee.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.043 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.043. Issuer's Authority

Sec. 1433.043.  ISSUER'S AUTHORITY.  (a)  An issuer may issue bonds under this chapter without obtaining the consent of any department, division, commission, board, bureau, or agency of the state, other than the attorney general under Chapter 1202 or the department, and without any proceedings or satisfying any condition precedent other than the proceedings and conditions required by:(1)  this chapter;(2)  Subchapter B or D, Chapter 1201;  or(3)  Chapter 1204.(b)  Except as provided by this chapter or by department rule, each governing body has complete authority with respect to bonds and lease agreements governed by this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.044 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.044. Bond Resolution; Calling Election; Publication of Resolution

Sec. 1433.044.  BOND RESOLUTION;  CALLING ELECTION;  PUBLICATION OF RESOLUTION.  (a)  Before issuing bonds under this chapter, a governing body shall adopt a resolution declaring its intention to issue the bonds.(b)  The resolution must specify:(1)  the amount of bonds proposed to be issued;(2)  the purpose for which the bonds are to be issued;  and(3)  the date on which the governing body proposes to authorize the issuance of the bonds.(c)  The governing body may call an election on the issuance of the bonds.(d)  If an election is not called under Subsection (c), the governing body shall publish the resolution once a week for at least two consecutive weeks in at least one newspaper of general circulation in the territorial limits of the issuer.  The first publication must be not less than 14 days before the date specified in the resolution for the authorization of the bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.045 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.045. Protest

Sec. 1433.045.  PROTEST.  (a)  If at least 10 percent of the registered voters of the issuer file a written protest against the issuance of the bonds on or before the date specified for the authorization of the bonds, the governing body shall hold an election on the issuance of the bonds.(b)  If a written protest is not filed, the bonds may be issued without an election at any time before the second anniversary of the date specified in the resolution.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.046 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.046. Election Order

Sec. 1433.046.  ELECTION ORDER.  In addition to the requirements provided by Chapter 3, Election Code, an order calling an election under this subchapter must include the location of each polling place and the election judges and clerks appointed for each polling place.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.047 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.047. Notice of Election

Sec. 1433.047.  NOTICE OF ELECTION.  Notice of an election under this subchapter shall be published once a week for at least two consecutive weeks, in at least one newspaper of general circulation within the territorial limits of the issuer.  The first publication must be not less than 14 days before the date of the election.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.048 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.048. Ballot Proposition; Election Procedures

Sec. 1433.048.  BALLOT PROPOSITION;  ELECTION PROCEDURES.  (a)  The ballot for an election held under this subchapter shall be printed to permit voting for or against the proposition:  "The issuance of revenue bonds for the (medical project or industrial project)."(b)  The election shall be conducted in accordance with the general laws of this state relating to general elections, except as modified by this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.049 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter C. Procedure for Issuing Bonds|Section 1433.049. Results of Election

Sec. 1433.049.  RESULTS OF ELECTION.  (a)  Within 10 days after the election, or as soon after that as possible, the governing body of the issuer shall convene and canvass the returns of the election.(b)  If a majority of the voters voting in a bond election vote in favor of the proposition, the governing body shall find and declare that the results favor the proposition, and subject to Section 1433.041, the governing body may proceed with the authorization of the bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.061 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter D. Bonds|Section 1433.061. Issuance of Bonds

Sec. 1433.061.  ISSUANCE OF BONDS.  (a)  A series of bonds may be issued for each industrial project or medical project.  Any projects may be combined in a single series of bonds if the governing body considers the combination to be in the best interest of the issuer, but each project shall be considered separately with respect to this subsection and Subchapter C.(b)  Bonds must be issued and delivered before the third anniversary of the later of the date of the tentative approval of the department or the date of the final judgment of any litigation affecting the validity of the bonds or the provision made for their payment.  This subsection does not prohibit the department from conditioning its approval of an industrial project or medical project on the completion of the financing of the project within a shorter period.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1433.062 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources|Subchapter D. Bonds|Section 1433.062. Money Used to Pay Bonds; Prohibition on Certain Obligations

Sec. 1433.062.  MONEY USED TO PAY BONDS;  PROHIBITION ON CERTAIN OBLIGATIONS.  (a)  The principal of and the interest on bonds authorized under this chapter are payable only from the money provided for that payment and from the revenue of the industrial project or medical project for which the bonds were authorized.(b)  An issuer may not incur financial obligations that cannot be paid from revenue from the lease of an industrial project or medical project.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|