reglab/housing_qa huggingface dataset:
TX Loc Govt Code § 372.024 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter A. Public Improvement Districts|Section 372.024. General Obligation and Revenue Bonds

Sec. 372.024.  GENERAL OBLIGATION AND REVENUE BONDS.  General obligation bonds issued to pay costs under Section 372.023(d) must be issued under the provisions of Subtitles A and C, Title 9, Government Code. Revenue bonds issued to pay costs under that subsection may be issued from time to time in one or more series and are to be payable from and secured by liens on all or part of the revenue derived from improvements authorized under this subchapter, including revenue derived from installment payments of special assessments.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.330, eff. Sept. 1, 2001.|
TX Loc Govt Code § 372.025 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter A. Public Improvement Districts|Section 372.025. Terms and Conditions of Bonds

Sec. 372.025.  TERMS AND CONDITIONS OF BONDS.  (a)  Revenue bonds may be issued to mature serially or in any other manner but must mature not later than 40 years after their date.  A provision may be made for the subsequent issuance of additional parity bonds or subordinate lien bonds under terms and conditions specified in the ordinance or order authorizing the issuance of the bonds.(b)  The bonds shall be executed and the bonds and interest coupons appertaining to them are negotiable instruments within the meaning and for all purposes of the Uniform Commercial Code (Section 1.101 et seq., Business & Commerce Code). The ordinance or order authorizing the issuance of the bonds must specify:(1)  whether the bonds are issued registrable as to principal alone or as to both principal and interest;(2)  whether the bonds are redeemable before maturity;(3)  the form, denomination, and manner of issuance;(4)  the terms, conditions, and other details applying to the bonds including the price, terms, and interest rates on the bonds;  and(5)  the manner of sale of the bonds.(c)  The ordinance or order authorizing the issuance of the bonds may specify that the proceeds from the sale of the bonds:(1)  be used to pay interest on the bonds during and after the period of acquisition or construction of an improvement financed through the sale of the bonds;(2)  be used for creating a reserve fund for payment of the principal of and interest on the bonds and for creating other funds;  and(3)  may be placed in time deposit or invested, until needed.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 2001, 77th Leg., ch. 1341, Sec. 22, eff. June 16, 2001.|
TX Loc Govt Code § 372.026 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter A. Public Improvement Districts|Section 372.026. Pledges

Sec. 372.026.  PLEDGES.  (a)  In this section, "obligation" means bonds, temporary notes, time warrants, or an obligation under an installment sale contract or reimbursement agreement.(b)  For the payment of obligations issued or agreed to under this subchapter and the payment of principal, interest, and any other amounts required or permitted in connection with the obligations, the governing body of the municipality or county may pledge all or part of the income from improvements financed under this subchapter, including income received in installment payments under Section 372.023.(c)  Pledged income must be fixed and collected in amounts sufficient, with other pledged resources, to pay principal, interest, and other expenses related to the obligations, and to the extent required by the ordinance, order, or agreement authorizing the obligations, to pay for the operation, maintenance, and other expenses related to improvements authorized by this subchapter.(d)  The obligations may also be secured by mortgages or deeds of trust on any real property related to the facilities authorized under this subchapter that are owned or are to be acquired by the municipality or county and by chattel mortgages, liens, or security interests on any personal property appurtenant to that real property.  The governing body may authorize the execution of trust indentures, mortgages, deeds of trust, or other forms of encumbrance as evidence of the indebtedness.(e)  The governing body may pledge to the payment of obligations all or part of a grant, donation, revenue, or income received or to be received from the government of the United States or any other public or private source, whether or not it is received pursuant to an agreement or otherwise.(f)  The governing body may enter into an agreement with a corporation created by the municipality or county under the Texas Constitution or other law that provides for payment of amounts pledged under this section to the corporation to secure indebtedness issued by the corporation to finance an improvement project, including indebtedness to pay capitalized interest and a reserve fund permitted by this subchapter for revenue or general obligation bonds issued under this subchapter and indebtedness issued to pay the corporation's costs of issuance.  In addition, the agreement may provide that:(1)  the corporation is responsible for managing the district; or(2)  title to one or more improvements will be held by the corporation.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 2001, 77th Leg., ch. 1341, Sec. 23, eff. June 16, 2001.Amended by: Acts 2009, 81st Leg., R.S., Ch. 320 (H.B. 621), Sec. 5, eff. June 19, 2009.|
TX Loc Govt Code § 372.027 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter A. Public Improvement Districts|Section 372.027. Refunding Bonds

Sec. 372.027.  REFUNDING BONDS.  (a)  Revenue bonds issued under this subchapter may be refunded or refinanced by the issuance of refunding bonds, under terms or conditions set forth in ordinances or orders of the municipality or county issuing the bonds.  The provisions of this subchapter applying generally to revenue bonds, including provisions related to the issuance of those bonds, apply to refunding bonds authorized by this section.  The refunding bonds may be sold and delivered in amounts necessary for the principal, interest, and any redemption premium of the bonds to be refunded, on the date of the maturity of the bond or any redemption date of the bond.(b)  Refunding bonds may be issued for exchange with the bonds they are refunding.  The comptroller of public accounts shall register refunding bonds described by this subsection and deliver the bonds to holders of bonds being refunded in accordance with the ordinance or order authorizing the issuance of refunding bonds.  The exchange may be made in one delivery or several installment deliveries.(c)  General obligation bonds issued under this subchapter may be refunded in the manner provided by law.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 2001, 77th Leg., ch. 1341, Sec. 24, eff. June 16, 2001.|
TX Loc Govt Code § 372.028 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter A. Public Improvement Districts|Section 372.028. Approval and Registration

Sec. 372.028.  APPROVAL AND REGISTRATION.  (a)  Revenue bonds issued under this subchapter and a record of the proceedings authorizing their issuance must be submitted to the attorney general for examination.  If bonds state that they are secured by a pledge of revenue or rentals from a contract or lease, a copy of the contract or lease and a description of the proceedings authorizing the contract or lease must also be submitted to the attorney general.(b)  If the attorney general determines that the bonds were authorized and the contracts or leases related to the bonds were made in accordance with the law, the attorney general shall approve the bonds and the contract or lease.  On the approval of the attorney general, the comptroller of public accounts shall register the bonds.(c)  Bonds and contracts or leases approved and registered under this section are valid and binding obligations for all purposes in accordance with their terms and are incontestable in any court or other forum.(d)  General obligation bonds issued under this subchapter shall be approved and registered as provided by law.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 372.029 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter A. Public Improvement Districts|Section 372.029. Authorized Investments; Security

Sec. 372.029.  AUTHORIZED INVESTMENTS;  SECURITY.  (a)  Bonds issued under this subchapter are legal and authorized investments for:(1)  banks, trust companies, and savings and loan associations;(2)  all insurance companies;(3)  fiduciaries, trustees, and guardians;  and(4)  interest funds, sinking funds, and other public funds of the state or of an agency, subdivision, or instrumentality of the state, including a county, municipality, school district, or other district, public agency, or body politic.(b)  Bonds issued under this subchapter may be security for deposits of public funds of the state or of an agency, subdivision, or instrumentality of the state, including a county, municipality, school district, or other district, public agency, or body politic, to the extent of the market value of the bonds, if accompanied by any appurtenant unmatured interest coupons.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 372.030 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter A. Public Improvement Districts|Section 372.030. Subchapter Not Exclusive

Sec. 372.030.  SUBCHAPTER NOT EXCLUSIVE.  This subchapter is an alternative to other methods by which a municipality may finance public improvements by assessing property owners.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.|
TX Loc Govt Code § 372.041 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter B. Improvement Districts in Home-Rule Municipalities|Section 372.041. Authority of Home-Rule Municipality

Sec. 372.041.  AUTHORITY OF HOME-RULE MUNICIPALITY.  (a)  A home-rule municipality may create improvement districts for the purposes of:(1)  levying, straightening, widening, enclosing, or otherwise improving a river, creek, bayou, stream, other body of water, street, or alley;(2)  draining, grading, filling, and otherwise protecting and improving the territory within the municipality's limits;(3)  issuing bonds to finance improvements listed in this subsection; and(4)  financing an improvement described in Subchapter A.(b)  If a home-rule municipality creates an improvement district in order to make improvements authorized by this subsection, the municipality must comply with the general law of the state relating to the creation of improvement districts.  Bonds issued for improvements under this section must be issued in a manner that complies with the general authority of a home-rule municipality to issue bonds.(c)  A home-rule municipality may require the owners of property in the territory specially benefitted in enhanced value by improvements made under this section to pay the costs of the improvement.  If a municipality finances an improvement under this subsection, the municipality shall make a personal charge against those property owners and fix a lien against that property by special assessment.  The municipality may issue assignable or negotiable certificates to pay for the costs of improvements and require the property owners to make deferred payments to retire the certificates.  Interest on deferred payments may not exceed eight percent.  The municipality may appoint special commissioners or provide otherwise for the making and levying of special assessments under this subsection, or may provide that the making and levying of the assessment be performed by the governing body of the municipality, in compliance with requirements for hearings and other procedures as may be adopted under or required by the municipal charter.|Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 970 (H.B. 1400), Sec. 5, eff. September 1, 2011.|
TX Loc Govt Code § 372.151 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter D. Reimbursement for Public Improvements in Certain Counties|Section 372.151. Applicability

Sec. 372.151.  APPLICABILITY.  This subchapter applies only to a county that:(1)  contains no municipality with a population of more than 50,000; and(2)  is adjacent to at least two counties, each with a population of more than one million.|Added by Acts 2009, 81st Leg., R.S., Ch. 645 (H.B. 1730), Sec. 1, eff. June 19, 2009.|
TX Loc Govt Code § 372.152 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 372 - Improvement Districts in Municipalities and Counties|Subchapter D. Reimbursement for Public Improvements in Certain Counties|Section 372.152. Issuance of Bonds to Reimburse Acquired Public Improvements

Sec. 372.152.  ISSUANCE OF BONDS TO REIMBURSE ACQUIRED PUBLIC IMPROVEMENTS.  (a)  The governing body of a municipality or county may issue and sell general obligation bonds or revenue bonds to reimburse a developer for the cost of a public improvement if:(1)  the public improvement is located in a public improvement district created on or after January 1, 2005;(2)  the public improvement has been dedicated to and accepted by the municipality or county; and(3)  before the public improvement was dedicated to and accepted by the municipality or county, the governing body of the municipality or county entered into an agreement with the developer to pay for the public improvement.(b)  General obligation bonds or revenue bonds issued  under this subchapter must comply with the provisions relating to general obligation bonds or revenue bonds issued under  Subchapter A.|Added by Acts 2009, 81st Leg., R.S., Ch. 645 (H.B. 1730), Sec. 1, eff. June 19, 2009.|
TX Loc Govt Code § 373A.001 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter A. General Provisions|Section 373A.001. Purpose

Sec. 373A.001.  PURPOSE.  The purpose of this chapter is to:(1)  promote the ability of municipalities to increase home ownership, provide affordable housing, and prevent the involuntary loss of homesteads by existing low-income and moderate-income homeowners living in disadvantaged neighborhoods;(2)  protect a municipality's interest in improving economic and social conditions within disadvantaged communities by enhancing the viability of home ownership among low-income and moderate-income residents in areas experiencing economic pressures; and(3)  provide municipalities with a means to expand and protect the homestead interests of low-income and moderate-income families.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.|
TX Loc Govt Code § 373A.002 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter A. General Provisions|Section 373A.002. Definitions

Sec. 373A.002.  DEFINITIONS.  In this chapter:(1)  "Affordable housing" means housing that is located in a district and is affordable to households earning 70 percent or less of the area median family income, adjusted for household size, as determined annually by the United States Department of Housing and Urban Development.(1-a)  "Central business district" means a compact and contiguous geographical area of a municipality in which at least 90 percent of the land is used or zoned for commercial purposes and that has historically been the primary location in the municipality where business has been transacted.(2)  "Community housing development organization" has the meaning assigned by 42 U.S.C. Section 12704.(2-a)  "County" means the county containing all or the greatest portion of a homestead preservation reinvestment zone.  For purposes of applying other law to a district or program created under this chapter, including Chapter 311, Tax Code, a reference in the other law to a "county" has the meaning assigned by this subdivision.(3)  "District" means a homestead preservation district designated under Subchapter B.(3-a)  "Project costs" has the meaning assigned by Section 311.002(1), Tax Code.(4)  "Taxing unit" has the meaning assigned by Section 1.04, Tax Code.(5)  "Trust" means a homestead land trust created or designated under Subchapter C.(6)  "Zone" means a homestead preservation reinvestment zone created under Subchapter D.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 1, eff. September 1, 2007.|
TX Loc Govt Code § 373A.003 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter A. General Provisions|Section 373A.003. Applicability of Chapter

Sec. 373A.003.  APPLICABILITY OF CHAPTER.  (a)  This chapter applies to a municipality with a population of more than 750,000 that is located in a uniform state service region with fewer than 550,000 occupied housing units as determined by the most recent United States decennial census.(b)  Subchapters A, B, C, and D apply to any municipality with a population of 1.18 million or more which is located predominantly in a county that has a total area of less than 1,000 square miles and has adopted an urban land bank demonstration program under Chapter 379C, Local Government Code.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1034 (H.B. 1742), Sec. 3, eff. September 1, 2007.Acts 2011, 82nd Leg., R.S., Ch. 1163 (H.B. 2702), Sec. 96, eff. September 1, 2011.|
TX Loc Govt Code § 373A.051 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter B. General Powers and Duties|Section 373A.051. Municipal Power to Designate District

Sec. 373A.051.  MUNICIPAL POWER TO DESIGNATE DISTRICT.  (a)  To promote and expand the ownership and rental of affordable housing and to prevent the involuntary loss of homesteads by existing homeowners and renters living in the area, the governing body of a municipality by ordinance may designate as a homestead preservation district an area in the municipality that is eligible under Section 373A.052.(b)  The ordinance must describe the boundaries of the district and designate the powers that apply to the district under this chapter.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 711 (H.B. 3350), Sec. 1, eff. September 1, 2013.|
TX Loc Govt Code § 373A.052 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter B. General Powers and Duties|Section 373A.052. Eligibility for Designation

Sec. 373A.052.  ELIGIBILITY FOR DESIGNATION.(a)  To be designated as a district within a municipality described by Section 373A.003(a) under this subchapter, an area must be composed of census tracts forming a spatially compact area with:(1)  fewer than 75,000 residents;(2)   an overall poverty rate that is at least two times the poverty rate for the entire municipality; and(3)  in each census tract within the area, a median family income that is less than 80 percent of the median family income for the entire municipality.(b)  To be designated as a district within a municipality described by Section 373A.003(b) under this subchapter, an area must be composed of census tracts forming a spatially compact area contiguous to a central business district and with:(1)  fewer than 75,000 residents;(2)  a median family income that is less than $30,000 according to the last decennial census;  and(3)  an overall poverty rate that is at least two times the poverty rate for the entire municipality.(c)  An area that is designated as a district under this subchapter may retain its designation as a district regardless of whether the area continues to meet the eligibility criteria provided by this section, except that an area that does not elect to retain its designation as permitted by this subsection must meet all eligibility criteria to be considered for subsequent redesignation as a district.|Added by Acts 2005, 79th Leg., Ch. 495 (H.B. 525), Sec. 1, eff. September 1, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1034 (H.B. 1742), Sec. 4, eff. September 1, 2007.Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 3, eff. September 1, 2007.Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 15.008, eff. September 1, 2009.Acts 2013, 83rd Leg., R.S., Ch. 711 (H.B. 3350), Sec. 2, eff. September 1, 2013.|
TX Loc Govt Code § 373A.0521 (2021)
2021 Texas Statutes|Local Government Code|Title 12 - Planning and Development|Subtitle A - Municipal Planning and Development|Chapter 373A - Homestead Preservation Districts and Reinvestment Zones|Subchapter B. General Powers and Duties|Section 373A.0521. Dissolution

Sec. 373A.0521.  DISSOLUTION.  (a)  The governing body of a municipality in which a district is located may adopt an ordinance dissolving the district.(b)  On the adoption of the ordinance, the district is dissolved and the municipality succeeds to the property and assets of the district and assumes all bonds, debts, obligations, and liabilities of the district.(c)  This section does not prohibit the municipality from continuing to operate programs established by the municipality, including programs established under Subchapter C, D, or E, in the area previously included in the district that are owned and operated by the municipality on the date the district is dissolved.|Added by Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 4, eff. September 1, 2007.|