reglab/housing_qa huggingface dataset:
TX Loc Govt Code § 505.001 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter A. General Provisions|Section 505.001. Definition

Sec. 505.001.  DEFINITION.  In this chapter, "authorizing municipality" means the municipality that authorizes the creation of a Type B corporation.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.002 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter A. General Provisions|Section 505.002. Applicability of Chapter

Sec. 505.002.  APPLICABILITY OF CHAPTER.  This chapter applies only to:(1)  a municipality:(A)  that is located in a county with a population of 500,000 or more; and(B)  in which the combined rate of all sales and use taxes imposed by the municipality, this state, and other political subdivisions of this state having territory in the municipality does not exceed 8.25 percent on the date of any election held under or made applicable to this chapter;(2)  a municipality:(A)  that has a population of 400,000 or more;(B)  that is located in more than one county; and(C)  in which the combined rate of all sales and use taxes imposed by the municipality, this state, and other political subdivisions of this state having territory in the municipality, including taxes imposed under this chapter, does not exceed 8.25 percent; or(3)  a municipality to which Chapter 504 applies.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.003 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter A. General Provisions|Section 505.003. Authority to Create Corporation

Sec. 505.003.  AUTHORITY TO CREATE CORPORATION.  (a)  A municipality may authorize the creation under this subtitle of a Type B corporation.(b)  A municipality may not authorize the creation of more than one Type B corporation.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.004 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter A. General Provisions|Section 505.004. Contents of Certificate of Formation

Sec. 505.004.  CONTENTS OF CERTIFICATE OF FORMATION.  The certificate of formation of a Type B corporation:(1)  must state that the corporation is governed by this chapter; and(2)  may include in the corporation's name any word or phrase the authorizing municipality specifies.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.005 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter A. General Provisions|Section 505.005. Corporation Not Subject to Certain Provisions

Sec. 505.005.  CORPORATION NOT SUBJECT TO CERTAIN PROVISIONS.  Sections 501.203, 501.205, 501.251-501.254, 501.255(a) and (b), 501.256, and 501.257 do not apply to a corporation under this chapter.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.051 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter B. Governance of Corporation|Section 505.051. Board of Directors

Sec. 505.051.  BOARD OF DIRECTORS.  (a)  The board of directors of a Type B corporation consists of seven directors.(b)  A director is appointed by the governing body of the authorizing municipality for a two-year term.(c)  A director may be removed by the governing body of the authorizing municipality at any time without cause.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.052 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter B. Governance of Corporation|Section 505.052. Restriction on Board Membership

Sec. 505.052.  RESTRICTION ON BOARD MEMBERSHIP.  (a)  Each director of a Type B corporation authorized to be created by a municipality with a population of 20,000 or more must be a resident of the municipality.(b)  Each director of a Type B corporation authorized to be created by a municipality with a population of less than 20,000 must:(1)  be a resident of the municipality;(2)  be a resident of the county in which the major part of the area of the municipality is located; or(3)  reside:(A)  within 10 miles of the municipality's boundaries; and(B)  in a county bordering the county in which most of the area of the municipality is located.(c)  Three directors of a Type B corporation must be persons who are not employees, officers, or members of the governing body of the authorizing municipality.(d)  Notwithstanding Subsections (a)-(c), if a municipality terminates a Type A corporation's existence and authorizes the creation of a Type B corporation, a person serving as a director of the Type A corporation at the time of termination may serve on the board of directors of the Type B corporation.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.053 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter B. Governance of Corporation|Section 505.053. Officers

Sec. 505.053.  OFFICERS.  The board of directors of a Type B corporation shall appoint:(1)  a president;(2)  a secretary; and(3)  other officers of the corporation the governing body of the authorizing municipality considers necessary.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.054 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter B. Governance of Corporation|Section 505.054. Quorum

Sec. 505.054.  QUORUM.  A majority of the entire membership of the board of directors of a Type B corporation is a quorum.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.055 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter B. Governance of Corporation|Section 505.055. Location of Board Meetings

Sec. 505.055.  LOCATION OF BOARD MEETINGS. (a) Except as provided by Subsection (b), the board of directors of a Type B corporation shall conduct all meetings within the boundaries of the authorizing municipality.(b)  If the authorizing municipality is located in a county  with a population of less than 30,000, the board of directors of a Type B corporation may conduct a board meeting within the boundaries of the county.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 473 (H.B. 479), Sec. 2, eff. June 17, 2011.|
TX Loc Govt Code § 505.056 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter B. Governance of Corporation|Section 505.056. Restrictions on Registered Agent and Office

Sec. 505.056.  RESTRICTIONS ON REGISTERED AGENT AND OFFICE.  (a)  The registered agent of a Type B corporation must be an individual who is a resident of this state.(b)  The registered office of a Type B corporation must be located within the boundaries of the authorizing municipality.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.101 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter C. Powers and Duties|Section 505.101. Applicability of Other Law; Conflicts

Sec. 505.101.  APPLICABILITY OF OTHER LAW; CONFLICTS.  A Type B corporation has the powers granted by this chapter and by other chapters of this subtitle and is subject to the limitations of a corporation created under another provision of this subtitle.  To the extent of a conflict between this chapter and another provision of this subtitle, this chapter prevails.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.102 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter C. Powers and Duties|Section 505.102. Contract With Other Private Corporation

Sec. 505.102.  CONTRACT WITH OTHER PRIVATE CORPORATION.  A Type B corporation may contract with another private corporation to:(1)  carry out an industrial development program or objective; or(2)  assist with the development or operation of an economic development program or objective consistent with the purposes and duties specified by this subtitle.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.103 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter C. Powers and Duties|Section 505.103. Limitation on Use of Revenues for Promotional Purposes

Sec. 505.103.  LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSES.  A Type B corporation may spend not more than 10 percent of the corporate revenues for promotional purposes.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.104 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter C. Powers and Duties|Section 505.104. Bond Repayment

Sec. 505.104.  BOND REPAYMENT.  (a)  Bonds or other obligations that mature in 30 years or less and that are issued to pay the costs of projects of a type added to the definition of "project" by Subchapter D may be made payable from any source of funds available to the Type B corporation, including the proceeds of a sales and use tax imposed under this chapter.(b)  Bonds or other obligations that by their terms are payable from the tax proceeds:(1)  may not be paid wholly or partly from any property taxes imposed or to be imposed by the authorizing municipality; and(2)  are not a debt of and do not give rise to a claim for payment against the authorizing municipality, except as to sales and use tax revenue held by the municipality and required under this chapter to be delivered to the Type B corporation.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.1041 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter C. Powers and Duties|Section 505.1041. Appraisal Required Before Purchase of Property With Bond Proceeds

Sec. 505.1041.  APPRAISAL REQUIRED BEFORE PURCHASE OF PROPERTY WITH BOND PROCEEDS.  A Type B corporation may not purchase property for a project wholly or partly with bond proceeds until the corporation obtains an independent appraisal of the property's market value.|Added by Acts 2011, 82nd Leg., R.S., Ch. 719 (H.B. 782), Sec. 2, eff. September 1, 2011.|
TX Loc Govt Code § 505.105 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter C. Powers and Duties|Section 505.105. Eminent Domain

Sec. 505.105.  EMINENT DOMAIN.  A Type B corporation may exercise the power of eminent domain only:(1)  on approval of the action by the governing body of the authorizing municipality; and(2)  in accordance with and subject to the laws applicable to the authorizing municipality.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.106 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter C. Powers and Duties|Section 505.106. Liability

Sec. 505.106.  LIABILITY.  (a)  The following are not liable for damages arising from the performance of a governmental function of a Type B corporation or the authorizing municipality:(1)  the corporation;(2)  a director of the corporation;(3)  the municipality;(4)  a member of the governing body of the municipality; or(5)  an employee of the corporation or municipality.(b)  For purposes of Chapter 101, Civil Practice and Remedies Code, a Type B corporation is a governmental unit and the corporation's actions are governmental functions.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.151 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter D. Authorized Projects|Section 505.151. Authorized Projects

Sec. 505.151.  AUTHORIZED PROJECTS.  In this chapter,  "project" means land, buildings, equipment, facilities, expenditures, and improvements included in the definition of "project" under Chapter 501, including:(1)  job training as provided by Section 501.162; and(2)  recycling facilities.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.152 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter D. Authorized Projects|Section 505.152. Projects Related to Recreational or Community Facilities

Sec. 505.152.  PROJECTS RELATED TO RECREATIONAL OR COMMUNITY FACILITIES.  For purposes of this chapter, "project" includes land, buildings, equipment, facilities, and improvements found by the board of directors to be required or suitable for use for professional and amateur sports, including children's sports, athletic, entertainment, tourist, convention, and public park purposes and events, including stadiums, ball parks, auditoriums, amphitheaters, concert halls, parks and park facilities, open space improvements, museums, exhibition facilities, and related store, restaurant, concession, and automobile parking facilities, related area transportation facilities, and related roads, streets, and water and sewer facilities, and other related improvements that enhance any of the items described by this section.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.153 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter D. Authorized Projects|Section 505.153. Projects Related to Affordable Housing

Sec. 505.153.  PROJECTS RELATED TO AFFORDABLE HOUSING.  For purposes of this chapter,  "project" includes land, buildings, equipment, facilities, and improvements found by the board of directors to be required or suitable for the promotion of development and expansion of affordable housing, as described by 42 U.S.C. Section 12745.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.154 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter D. Authorized Projects|Section 505.154. Projects Related to Water Supply Facilities and Water Conservation Programs

Sec. 505.154.  PROJECTS RELATED TO WATER SUPPLY FACILITIES AND WATER CONSERVATION PROGRAMS.  For purposes of this chapter,  "project" includes land, buildings, equipment, facilities, and improvements found by the board of directors to be required or suitable for:(1)  the development or improvement of water supply facilities, including dams, transmission lines, well field developments, and other water supply alternatives; or(2)  the development and institution of water conservation programs, including incentives to install water-saving plumbing fixtures, educational programs, brush control programs, and programs to replace malfunctioning or leaking water lines and other water facilities.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.155 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter D. Authorized Projects|Section 505.155. Projects Related to Business Enterprises That Create or Retain Primary Jobs

Sec. 505.155.  PROJECTS RELATED TO BUSINESS ENTERPRISES THAT CREATE OR RETAIN PRIMARY JOBS.  For purposes of this chapter,  "project" includes land, buildings, equipment, facilities, and improvements found by the board of directors to promote or develop new or expanded business enterprises that create or retain primary jobs, including:(1)  a project to provide public safety facilities, streets and roads, drainage and related improvements, demolition of existing structures, general municipally owned improvements, and any improvements or facilities related to a project described by this subdivision; and(2)  any other project that the board of directors in the board's discretion determines promotes or develops new or expanded business enterprises that create or retain primary jobs.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.156 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter D. Authorized Projects|Section 505.156. Projects Related to Business Enterprises in Certain Municipalities

Sec. 505.156.  PROJECTS RELATED TO BUSINESS ENTERPRISES IN CERTAIN MUNICIPALITIES.  For purposes of this chapter, "project" includes land, buildings, equipment, facilities, and improvements found by the board of directors to be required or suitable for the development, retention, or expansion of business enterprises if the project is undertaken by a Type B corporation authorized to be created by a municipality:(1)  that has not for each of the preceding two fiscal years received more than $50,000 in revenues from sales and use taxes imposed under this chapter; and(2)  the governing body of which has authorized the project by adopting a resolution only after giving the resolution at least two separate readings conducted at least one week apart.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 505.1561 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter D. Authorized Projects|Section 505.1561. Projects Related to Airport Facilities in Certain Municipalities

Sec. 505.1561.  PROJECTS RELATED TO AIRPORT FACILITIES IN CERTAIN MUNICIPALITIES.  For purposes of this chapter, "project" includes land, buildings, equipment, facilities, and improvements found by the board of directors to be required or suitable for the development or expansion of airport or railport facilities, including hangars, maintenance and repair facilities, cargo facilities, and related infrastructure located on or adjacent to an airport or railport facility, if the project is undertaken by a Type B corporation authorized to be created by a municipality:(1)  that enters into a development agreement with an entity in which the entity acquires a leasehold or other possessory interest from the corporation and is authorized to sublease the entity's interest for other projects authorized by Sections 505.151 through 505.156; and(2)  the governing body of which has authorized the development agreement by adopting a resolution at a meeting called as authorized by law.|Added by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 15.014(a), eff. September 1, 2009.Amended by: Acts 2009, 81st Leg., R.S., Ch. 150 (S.B. 2052), Sec. 2, eff. September 1, 2009.|
TX Loc Govt Code § 505.157 (2021)
2021 Texas Statutes|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 505 - Type B Corporations|Subchapter D. Authorized Projects|Section 505.157. Projects Related to Business Enterprises in Landlocked Communities

Sec. 505.157.  PROJECTS RELATED TO BUSINESS ENTERPRISES IN LANDLOCKED COMMUNITIES.  (a)  In this section, "landlocked community" means a municipality that:(1)  is wholly or partly located in a county with a population of two million or more; and(2)  has within its municipal limits and extraterritorial jurisdiction less than 100 acres that can be used for the development of manufacturing or industrial facilities in accordance with the municipality's zoning laws or land use restrictions.(b)  For a landlocked community that authorizes or has authorized the creation of a Type B corporation, "project" also includes expenditures found by the board of directors to be required for the promotion of new or expanded business enterprises in the landlocked community.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|