reglab/housing_qa huggingface dataset:
TX Loc Govt Code § 501.101 (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 501 - Provisions Governing Development Corporations|Subchapter C. Authorized Projects|Section 501.101. Projects Related to Creation or Retention of Primary Jobs

Sec. 501.101.  PROJECTS RELATED TO CREATION OR RETENTION OF PRIMARY JOBS.  In this subtitle, "project" includes the land, buildings, equipment, facilities, expenditures, targeted infrastructure, and improvements that are:(1)  for the creation or retention of primary jobs; and(2)  found by the board of directors to be required or suitable for the development, retention, or expansion of:(A)  manufacturing and industrial facilities;(B)  research and development facilities;(C)  military facilities, including closed or realigned military bases;(D)  transportation facilities, including airports, hangars, railports, rail switching facilities, maintenance and repair facilities, cargo facilities, related infrastructure located on or adjacent to an airport or railport facility, marine ports, inland ports, mass commuting facilities, and parking facilities;(E)  sewage or solid waste disposal facilities;(F)  recycling facilities;(G)  air or water pollution control facilities;(H)  facilities for furnishing water to the public;(I)  distribution centers;(J)  small warehouse facilities capable of serving as decentralized storage and distribution centers;(K)  primary job training facilities for use by institutions of higher education; or(L)  regional or national corporate headquarters facilities.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.Amended by: Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 15.012(a), eff. September 1, 2009.Acts 2009, 81st Leg., R.S., Ch. 150 (S.B. 2052), Sec. 1, eff. September 1, 2009.|
TX Loc Govt Code § 501.102 (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 501 - Provisions Governing Development Corporations|Subchapter C. Authorized Projects|Section 501.102. Projects Related to Certain Job Training

Sec. 501.102.  PROJECTS RELATED TO CERTAIN JOB TRAINING.  In this subtitle, "project" includes job training required or suitable for the promotion of development and expansion of business enterprises and other enterprises described by this subtitle, as provided by Section 501.162.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.103 (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 501 - Provisions Governing Development Corporations|Subchapter C. Authorized Projects|Section 501.103. Certain Infrastructure Improvement Projects

Sec. 501.103.  CERTAIN INFRASTRUCTURE IMPROVEMENT PROJECTS.  In this subtitle, "project" includes expenditures that are found by the board of directors to be required or suitable for infrastructure necessary to promote or develop new or expanded business enterprises, limited to:(1)  streets and roads, rail spurs, water and sewer utilities, electric utilities, or gas utilities, drainage, site improvements, and related improvements;(2)  telecommunications and Internet improvements; or(3)  beach remediation along the Gulf of Mexico.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.104 (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 501 - Provisions Governing Development Corporations|Subchapter C. Authorized Projects|Section 501.104. Projects Related to Certain Military Bases or Missions

Sec. 501.104.  PROJECTS RELATED TO CERTAIN MILITARY BASES OR MISSIONS.  In this subtitle, "project" includes the infrastructure, improvements, land acquisition, buildings, or expenditures that:(1)  are for the creation or retention of primary jobs or jobs that are included in North American Industry Classification System (NAICS) sector number 926120, Regulation and Administration of Transportation Programs, for the corresponding index entry for Coast Guard (except the Coast Guard Academy); and(2)  are found by the board of directors to be required or suitable for:(A)  promoting or supporting a military base in active use to prevent the possible future closure or realignment of the base;(B)  attracting new military missions to a military base in active use; or(C)  redeveloping a military base that has been closed or realigned, including a military base closed or realigned according to the recommendation of the Defense Base Closure and Realignment Commission under the Defense Base Closure and Realignment Act of 1990 (10 U.S.C. Section 2687 note).|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.105 (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 501 - Provisions Governing Development Corporations|Subchapter C. Authorized Projects|Section 501.105. Career Center Projects Outside of Junior College District

Sec. 501.105.  CAREER CENTER PROJECTS OUTSIDE OF JUNIOR COLLEGE DISTRICT.  In this subtitle, "project" includes the land, buildings, equipment, facilities, improvements, and expenditures found by the board of directors to be required or suitable for use for a career center, if the area to be benefited by the career center is not located in the taxing jurisdiction of a junior college district.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.106 (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 501 - Provisions Governing Development Corporations|Subchapter C. Authorized Projects|Section 501.106. Airport Facilities or Other Projects by Corporations Authorized by Certain Border Municipalities

Sec. 501.106.  AIRPORT FACILITIES OR OTHER PROJECTS BY CORPORATIONS AUTHORIZED BY CERTAIN BORDER MUNICIPALITIES.  (a)  This section applies only to a corporation authorized to be created by a municipality, any part of which is located within 25 miles of an international border.(b)  For a corporation to which this section applies, in this subtitle, "project" includes the land, buildings, facilities, infrastructure, and improvements that:(1)  the corporation's board of directors finds are required or suitable for the development or promotion of new or expanded business enterprises through transportation facilities including airports, hangars, railports, rail switching facilities, maintenance and repair facilities, cargo facilities, marine ports, inland ports, mass commuting facilities, parking facilities, and related infrastructure located on or adjacent to an airport or railport facility; or(2)  are undertaken by the corporation if the municipality that authorized the creation of the corporation has, at the time the corporation approves the project as provided by this subtitle:(A)  a population of less than 50,000; or(B)  an average rate of unemployment that is greater than the state average rate of unemployment during the most recent 12-month period for which data is available that precedes the date the project is approved.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.Amended by: Acts 2015, 84th Leg., R.S., Ch. 795 (H.B. 2772), Sec. 1, eff. June 17, 2015.|
TX Loc Govt Code § 501.107 (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 501 - Provisions Governing Development Corporations|Subchapter C. Authorized Projects|Section 501.107. Infrastructure Projects by Corporations Authorized by Municipalities in Certain Border Counties

Sec. 501.107.  INFRASTRUCTURE PROJECTS BY CORPORATIONS AUTHORIZED BY MUNICIPALITIES IN CERTAIN BORDER COUNTIES.  (a)  This section applies only to a corporation that:(1)  is authorized to be created by a municipality wholly or partly located in a county that:(A)  is bordered by the Rio Grande;(B)  has a population of at least 500,000; and(C)  has wholly or partly within its boundaries at least four municipalities each of which has a population of at least 25,000; and(2)  does not support a project, as defined by this subchapter, with sales and use tax revenue collected under Chapter 504 or 505.(b)  For a corporation to which this section applies, in this subtitle, "project" includes expenditures found by the board of directors to be required or suitable for infrastructure necessary to promote or develop new or expanded business enterprises, including airports, ports, and sewer or solid waste disposal 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 § 501.151 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.151. Authority to Finance Project

Sec. 501.151.  AUTHORITY TO FINANCE PROJECT.  A corporation is a constituted authority for the purpose of financing one or more projects.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.152 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.152. Definition of Cost With Respect to Project

Sec. 501.152.  DEFINITION OF COST WITH RESPECT TO PROJECT.  In this subtitle, "cost," with respect to a project, means the cost of the acquisition, cleanup, construction, reconstruction, improvement, or expansion of a project, including:(1)  the cost of acquiring all land, rights-of-way, property rights, easements, and interests;(2)  the cost of all machinery and equipment;(3)  financing charges;(4)  the cost of inventory, raw materials, and other supplies;(5)  research and development costs;(6)  interest accruing before and during construction and until the first anniversary of the date the construction is completed, regardless of whether capitalized;(7)  necessary reserve funds;(8)  the cost of estimates, including estimates of cost and revenue;(9)  the cost of engineering or legal services;(10)  the cost of plans, specifications, or surveys;(11)  other expenses necessary or incident to determining the feasibility and practicability of acquiring, cleaning, constructing, reconstructing, improving, and expanding the project;(12)  administrative expenses; and(13)  other expenditures necessary or incident to:(A)  acquiring, cleaning, constructing, reconstructing, improving, and expanding the project;(B)  placing the project in operation; and(C)  financing or refinancing the project, including refunding any outstanding obligations, mortgages, or advances issued, made, or given by a person for a cost 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 § 501.153 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.153. Lease or Sale of Project

Sec. 501.153.  LEASE OR SALE OF PROJECT.  (a)  A corporation may:(1)  lease all or any part of a project to a user, for the rental and on the terms that the corporation's board of directors considers advisable and not in conflict with this subtitle; or(2)  sell, by installment payments or otherwise, and convey all or any part of a project to a user for the purchase price and on the terms the corporation's board of directors considers advisable and not in conflict with this subtitle.(b)  A corporation may grant a lessee an option to purchase all or any part of a project when all bonds of the corporation delivered to provide those facilities have been paid or provision has been made for the bonds' final payment. This subsection is procedurally exclusive for authority to convey or grant an option to purchase all or part of a project, and reference to another law is not required.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.154 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.154. Conveyance of Property to Institution of Higher Education

Sec. 501.154.  CONVEYANCE OF PROPERTY TO INSTITUTION OF HIGHER EDUCATION.  With respect to a project, a corporation may donate, exchange, convey, sell, or lease land, improvements, or any other interest in real property, fixtures, furnishings, equipment, or personal property to an institution of higher education for a legal purpose of the institution, on the terms the corporation's board of directors considers advisable and not in conflict with 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 § 501.155 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.155. Loan to Finance Project

Sec. 501.155.  LOAN TO FINANCE PROJECT.  (a)  A corporation may make a secured or unsecured loan to a user for the purpose of providing temporary or permanent financing or refinancing of all or part of the cost of a project, including the refunding of an outstanding obligation, mortgage, or advance issued, made, or given by a person for the cost of a project.(b)  For a loan made under this section, a corporation may charge and collect interest on the terms the corporation's board of directors considers advisable and not in conflict with 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 § 501.156 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.156. Agreement Must Benefit Corporation

Sec. 501.156.  AGREEMENT MUST BENEFIT CORPORATION.  An agreement relating to a project must be for the benefit of the 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 § 501.157 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.157. Default on Agreement; Enforcement

Sec. 501.157.  DEFAULT ON AGREEMENT; ENFORCEMENT.  An agreement relating to a project must provide that if a default occurs in the payment of the principal of or the interest or premium on the bonds or in the performance of any agreement contained in a proceeding, mortgage, or instrument, the payment or performance may be enforced by:(1)  mandamus; or(2)  the appointment of a receiver in equity with the power to:(A)  charge and collect rents, purchase price payments, and loan payments; and(B)  apply the revenue from the project in accordance with the resolution, mortgage, or instrument.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.158 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.158. Performance Agreements

Sec. 501.158.  PERFORMANCE AGREEMENTS.  (a)  A corporation may not provide a direct incentive to or make an expenditure on behalf of a business enterprise under a project as defined by Subchapter C of this chapter or by Subchapter D, Chapter 505, unless the corporation enters into a performance agreement with the business enterprise.(b)  A performance agreement between a corporation and business enterprise must:(1)  provide, at a minimum, for a schedule of additional payroll or jobs to be created or retained and capital investment to be made as consideration for any direct incentives provided or expenditures made by the corporation under the agreement; and(2)  specify the terms under which repayment must be made if the business enterprise does not meet the performance requirements specified in the agreement.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.159 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.159. Powers Concerning Projects; Jurisdiction

Sec. 501.159.  POWERS CONCERNING PROJECTS; JURISDICTION.  (a)  A corporation may acquire, by construction, devise, purchase, gift, lease, or otherwise, or any one or more of those methods and may construct, improve, maintain, equip, and furnish one or more projects undertaken by another corporation or located within this state, including within the coastal waters of this state, and within or partially within the limits of the authorizing unit of the corporation or within the limits of another unit, if the governing body of the other corporation or the unit requests the corporation to exercise its powers within that unit.(b)  A corporation may recover the costs of an investment under Subsection (a) from a unit or another corporation under a contract with a limited or unlimited duration.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.160 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.160. Owning or Operating Project as Business

Sec. 501.160.  OWNING OR OPERATING PROJECT AS BUSINESS.  (a)  Except as provided by Subsection (d), a corporation may not own or operate a project as a business other than:(1)  as a lessor, seller, or lender; or(2)  according to the requirements of any trust agreement securing the credit transaction.(b)  The user under a lease, sale, or loan agreement relating to a project is considered the owner of the project for purposes of ad valorem taxes, sales and use taxes, or any other taxes imposed by this state or a political subdivision of this state.(c)  Purchasing and holding a mortgage, deed of trust, or other security interest or contracting for the servicing of a mortgage, deed of trust, or other security interest is not considered the operation of a project.(d)  A corporation has all the powers necessary to own and operate a project as a business if:(1)  the project is a military installation or military facility that has been closed or realigned, including a military installation or facility closed or realigned under the Defense Base Closure and Realignment Act of 1990 (10 U.S.C. Section 2687 note), as amended; or(2)  the project is authorized under Section 501.106.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.Amended by: Acts 2015, 84th Leg., R.S., Ch. 795 (H.B. 2772), Sec. 2, eff. June 17, 2015.|
TX Loc Govt Code § 501.161 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.161. Certain Economic Incentives Prohibited

Sec. 501.161.  CERTAIN ECONOMIC INCENTIVES PROHIBITED.  (a)  In this section, "related party" means a person who owns at least 80 percent of the business enterprise to which the sales and use tax would be rebated as part of an economic incentive.(b)  Notwithstanding any other provision of this subtitle, a corporation may not offer to provide an economic incentive for a business enterprise whose business consists primarily of purchasing taxable items using a resale certificate and then reselling those items to a related party.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|
TX Loc Govt Code § 501.162 (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 501 - Provisions Governing Development Corporations|Subchapter D. Corporate Powers and Limitations Relating to Projects|Section 501.162. Use of Tax Revenue for Job Training

Sec. 501.162.  USE OF TAX REVENUE FOR JOB TRAINING.  A corporation may spend tax revenue received under this subtitle for job training offered through a business enterprise only if the business enterprise has committed in writing to:(1)  create new jobs that pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area; or(2)  increase its payroll to pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area.|Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.|