reglab/housing_qa huggingface dataset:
TX Transp Code § 452.360 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter H. Bonds|Section 452.360. Bonds as Authorized Investments

Sec. 452.360.  BONDS AS AUTHORIZED INVESTMENTS.  (a)  An authority's bonds are authorized investments for:(1)  a bank;(2)  a savings bank;(3)  a trust company;(4)  a savings and loan association;  and(5)  an insurance company.(b)  The bonds, when accompanied by all appurtenant, unmatured coupons and to the extent of the lesser of their face value or market value, are eligible to secure the deposit of public funds of this state, a political subdivision of this state, and any other political corporation of this state.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.361 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter H. Bonds|Section 452.361. Exchange of Bonds for Existing System

Sec. 452.361.  EXCHANGE OF BONDS FOR EXISTING SYSTEM.  An authority's revenue bonds may be exchanged, in lieu of cash, for the property of all or part of an existing public transportation system to be acquired by the authority.  If the property is owned by a corporation that will dissolve simultaneously with the exchange, the authority may acquire the stock of the corporation.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.362 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter H. Bonds|Section 452.362. Election to Pledge Taxes

Sec. 452.362.  ELECTION TO PLEDGE TAXES.  (a)  The executive committee may order an election to authorize the pledge of sales and use tax revenue to the payment of a specified amount of long-term bonds for the authority's public transportation system.(b)  Sales and use tax revenue at a rate higher than the previously approved rate may not be pledged.(c)  The notice of election shall be published, the proposition and ballot prepared, and the election held in accordance with and at the times permitted by the law applicable to a municipal bond election.  The authority may publish, or distribute in another manner, additional copies of the election order to inform the voters fully of its content.(d)  If the proposition is approved, the authority may issue bonds in an amount not exceeding the amount approved.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.364 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter H. Bonds|Section 452.364. Tax Exemption

Sec. 452.364.  TAX EXEMPTION.  The interest on bonds issued by an authority is exempt from state and local taxes.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.401 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter I. Taxation|Section 452.401. Sales and Use Tax

Sec. 452.401.  SALES AND USE TAX.  (a)  The executive committee may impose for an authority a sales and use tax at the rate of:(1)  one-quarter of one percent;(2)  one-half of one percent;(3)  three-quarters of one percent;  or(4)  one percent.(b)  The imposition of an authority's sales and use tax must be approved at an election under this chapter and may not be imposed in a unit of election that has not confirmed the authority.  The tax rate in an authority created by a contiguous municipality must be approved by the governing body of the contiguous municipality.(c)  Chapter 322, Tax Code, applies to an authority's sales and use tax.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.402 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter I. Taxation|Section 452.402. Rate Increase: Sales and Use Tax

Sec. 452.402.  RATE INCREASE:  SALES AND USE TAX.  The executive committee may not increase the tax rate to a rate higher than the rate approved by the voters at the confirmation election without first receiving a majority vote in favor of the increase at an authority-wide election.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.403 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter I. Taxation|Section 452.403. Maximum Tax Rate in Authority Area

Sec. 452.403.  MAXIMUM TAX RATE IN AUTHORITY AREA.  (a)  An authority may not adopt a sales and use tax rate, including a rate increase, that when combined with the rates of all sales and use taxes imposed by other political subdivisions of the state having territory in the authority exceeds two percent in any location in the authority.(b)  An election by an authority to adopt a sales and use tax or increase the rate of the authority's sales and use tax has no effect if:(1)  the voters of the authority approve the authority's sales and use tax rate or rate increase at an election held on the same day on which a municipality or county having territory within the authority adopts a sales and use tax or an additional sales and use tax;  and(2)  the combined rates of all sales and use taxes imposed by the authority and other political subdivisions of this state would exceed two percent in any location in the authority.(c)  If an authority consisting of one subregion governed by a subregional board created under Subchapter O  adds territory that is a municipality, any additional sales and use tax under Chapter 321, Tax Code, imposed by that municipality is repealed as provided by Section 321.1025, Tax Code.  The effective date of the repeal and for the imposition of the tax authorized to be collected under Section 452.401 in the added territory is the date that, under Section 321.102(b), Tax Code, the repeal of the additional sales and use tax is effective in the territory.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.404 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter I. Taxation|Section 452.404. Initial Sales Tax: Effective Date

Sec. 452.404.  INITIAL SALES TAX:  EFFECTIVE DATE.  The adoption of or the increase or decrease in the rate of an authority's sales and use tax takes effect on the first day of the second calendar quarter beginning after the date that the comptroller receives a copy of the order required to be sent under Section 452.717.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.405 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter I. Taxation|Section 452.405. Rate Decrease: Sales and Use Tax

Sec. 452.405.  RATE DECREASE:  SALES AND USE TAX.  (a)  The executive committee by order may direct the comptroller to collect the authority's sales and use tax at a rate that is lower than the rate approved by the voters at the confirmation election.(b)  The executive committee must file a certified copy of the order with the comptroller.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.406 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter I. Taxation|Section 452.406. Different Subregional Sales and Use Tax Rates

Sec. 452.406.  DIFFERENT SUBREGIONAL SALES AND USE TAX RATES.  (a)  The executive committee by order may direct the comptroller to collect the authority's sales and use tax at different rates in different subregions of the authority, but a rate may not be higher than the maximum rate approved by the voters.(b)  The executive committee must file a certified copy of the order and a map of the boundaries of the subregions with the comptroller.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.407 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter I. Taxation|Section 452.407. Property Taxes

Sec. 452.407.  PROPERTY TAXES.  An authority may not impose an ad valorem property tax.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.451 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter J. Financial and Performance Audits|Section 452.451. Financial Audits

Sec. 452.451.  FINANCIAL AUDITS.  (a)  The executive committee of an authority shall have an annual audit of the affairs of the authority prepared by an independent certified public accountant or a firm of independent certified public accountants.(b)  The audit is open to public inspection.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.452 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter J. Financial and Performance Audits|Section 452.452. Review of Audit: Certain Authorities

Sec. 452.452.  REVIEW OF AUDIT:  CERTAIN AUTHORITIES.  (a)  The subregional board of an authority consisting of one subregion governed by a subregional board created under Subchapter O  shall deliver a copy of each audit prepared under Section 452.451 to the state auditor.(b)  The state auditor may elect to file any comments about the audit with the legislative audit committee and the subregional board, subject to a risk assessment performed by the state auditor and to the legislative audit committee's approval of including the preparation of the comments in the audit plan under Section 321.013, Government Code.(c)  The state auditor may:(1)  examine any work papers from the audit;  or(2)  audit the financial transactions of the authority if the state auditor determines an audit is necessary.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.  Amended by Acts 2003, 78th Leg., ch. 785, Sec. 70, eff. Sept. 1, 2003.|
TX Transp Code § 452.454 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter J. Financial and Performance Audits|Section 452.454. Performance Audits: Certain Authorities

Sec. 452.454.  PERFORMANCE AUDITS:  CERTAIN AUTHORITIES.  (a)  A subregional board created under Subchapter O  governing an authority consisting of one subregion shall contract every fourth state fiscal year beginning with the 1995-1996 fiscal year for a performance audit of the authority to be conducted by a firm that has experience in reviewing the performance of transit agencies.(b)  The purposes of the audit are to provide:(1)  evaluative information necessary for the performance of oversight functions by state and local officers;  and(2)  information to the authority to assist in making changes for the improvement of the efficiency and effectiveness of authority operations.(c)  Each audit must include an examination of:(1)  one or more of the following:(A)  the administration and management of the authority;(B)  transit operations; or(C)  transit authority system maintenance;(2)  the authority's compliance with applicable state law, including this chapter; and(3)  the following performance indicators:(A)  subsidy per passenger, operating cost per revenue mile, and operating cost per revenue hour;(B)  sales and use tax receipts per passenger;(C)  fare recovery rate;(D)  number of passengers per hour;(E)  on-time performance;(F)  number of accidents per 100,000 miles; and(G)  number of miles between mechanical service calls.(d)  A subject described under Subsection (c)(1) must be examined at least once in every third audit.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.Amended by: Acts 2007, 80th Leg., R.S., Ch. 118 (S.B. 1077), Sec. 1, eff. May 17, 2007.|
TX Transp Code § 452.456 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter J. Financial and Performance Audits|Section 452.456. Performance Audit Response; Hearing

Sec. 452.456.  PERFORMANCE AUDIT RESPONSE;  HEARING.  (a)  An authority for which a performance audit is conducted under Section 452.454 shall prepare a written response to the performance audit report.  The response must include each proposal for action relating to recommendations included in the report, whether the proposal for action is pending, adopted, or rejected.(b)  The authority shall make copies of the report and the response available for public inspection at the offices of the authority during normal business hours.(c)  The authority shall conduct a public hearing on each performance audit report and the authority's response under Subsection (a).  The authority shall give notice of the hearing by publication of the notice in a newspaper of general circulation in the area included in the authority at least 14 days before the date of the hearing.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.457 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter J. Financial and Performance Audits|Section 452.457. Delivery of Report and Response

Sec. 452.457.  DELIVERY OF REPORT AND RESPONSE.  An authority required by Section 452.454 to contract for a performance audit shall, before February 1 of the year after the fiscal year in which the performance audit is conducted, deliver a copy of each performance audit report and of the authority's response to the report to:(1)  the governor;(2)  the lieutenant governor;(3)  the speaker of the house of representatives;(4)  each member of the legislature whose district includes territory in the authority;(5)  the state auditor;(6)  the county judge of each county having territory in the authority;  and(7)  the presiding officer of the governing body of each municipality having territory in the authority.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.501 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter K. Provisions Generally Applicable to Executive Committees|Section 452.501. Applicability of Subchapter

Sec. 452.501.  APPLICABILITY OF SUBCHAPTER.  This subchapter does not apply to the executive committee of an authority created by a contiguous municipality.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.502 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter K. Provisions Generally Applicable to Executive Committees|Section 452.502. Executive Committee of Regional Authority

Sec. 452.502.  EXECUTIVE COMMITTEE OF REGIONAL AUTHORITY.  (a)  The executive committee of a regional transportation authority confirmed in more than one subregion is composed of 11 members selected as follows:(1)  seven members from the membership of the subregional board in the subregion that has a principal municipality with a population of more than 1.1 million according to the most recent federal decennial census; and(2)  four members from the membership of the subregional board in the subregion that has no principal municipality with a population of more than 1.1 million according to the most recent federal decennial census.(b)  The subregional boards shall select their representatives to the executive committee from their membership by a vote of the members.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.Amended by: Acts 2015, 84th Leg., R.S., Ch. 1122 (H.B. 3777), Sec. 3, eff. September 1, 2015.|
TX Transp Code § 452.503 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter K. Provisions Generally Applicable to Executive Committees|Section 452.503. Terms; Vacancy

Sec. 452.503.  TERMS;  VACANCY.  (a)  A member of the executive committee serves at the pleasure of the subregional board.  Each September 1 the confirmation of each appointment of a member must be considered.(b)  To remain on the executive committee a person must maintain membership on a subregional board.(c)  A vacancy on the executive committee is filled in the same manner as the original appointment.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.504 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter K. Provisions Generally Applicable to Executive Committees|Section 452.504. Officers

Sec. 452.504.  OFFICERS.  (a)  The members of the executive committee shall elect from among its membership a presiding officer, assistant presiding officer, and secretary.(b)  The executive committee may appoint, as necessary, members or nonmembers as assistant secretaries.(c)  The secretary or assistant secretary shall:(1)  keep permanent records of each proceeding and transaction of the authority;  and(2)  perform other duties assigned by the executive committee.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.505 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter K. Provisions Generally Applicable to Executive Committees|Section 452.505. Conflicts of Interest

Sec. 452.505.  CONFLICTS OF INTEREST.  Members of the executive committee and officers of the authority are subject to Chapter 171, Local Government Code.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.506 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter K. Provisions Generally Applicable to Executive Committees|Section 452.506. Meetings

Sec. 452.506.  MEETINGS.  (a)  The executive committee shall hold at least one regular meeting each month to transact the business of an authority.(b)  On written notice, the presiding officer may call special meetings as necessary.(c)  The executive committee by resolution shall:(1)  set the time, place, and day of the regular meetings;  and(2)  adopt rules and bylaws as necessary to conduct meetings.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.507 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter K. Provisions Generally Applicable to Executive Committees|Section 452.507. Quorum; Voting Requirements

Sec. 452.507.  QUORUM;  VOTING REQUIREMENTS.  (a)  Eight members are a quorum of the executive committee.(b)  An action of the executive committee requires a vote of a majority of the members present unless the bylaws require a larger number for a particular action.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.521 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter L. Executive Committee of Authority Created by Contiguous Municipality|Section 452.521. Applicability of Subchapter

Sec. 452.521.  APPLICABILITY OF SUBCHAPTER.  This subchapter applies only to the executive committee of an authority created by a contiguous municipality.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.522 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter L. Executive Committee of Authority Created by Contiguous Municipality|Section 452.522. Executive Committee

Sec. 452.522.  EXECUTIVE COMMITTEE.  (a)  The executive committee of an authority is composed of five members.(b)  Each member is appointed by the governing body of the contiguous municipality.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.523 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter L. Executive Committee of Authority Created by Contiguous Municipality|Section 452.523. Membership Terms; Vacancies

Sec. 452.523.  MEMBERSHIP TERMS;  VACANCIES.  (a)  Each member of the executive committee serves a term of two years except the initial terms of two members are for one year.  The subsequent terms are staggered.(b)  A vacancy on the committee may be filled by appointment of the governing body of the contiguous municipality.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.524 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter L. Executive Committee of Authority Created by Contiguous Municipality|Section 452.524. Officers

Sec. 452.524.  OFFICERS.  (a)  The members of the executive committee shall elect from among its membership a presiding officer, assistant presiding officer, and secretary and other officers the members determine are appropriate.(b)  The executive committee may appoint, as necessary, members or nonmembers as assistant secretaries.(c)  The secretary or assistant secretary shall:(1)  keep permanent records of each proceeding and transaction of the authority;  and(2)  perform other duties assigned by the executive committee.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.525 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter L. Executive Committee of Authority Created by Contiguous Municipality|Section 452.525. Removal of Members

Sec. 452.525.  REMOVAL OF MEMBERS.  The governing body of the contiguous municipality may remove a member of the executive committee at any time for, or without, cause.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.526 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter L. Executive Committee of Authority Created by Contiguous Municipality|Section 452.526. Conflicts of Interest

Sec. 452.526.  CONFLICTS OF INTEREST.  A member of the executive committee or an officer of the subregional authority may not have a pecuniary interest or receive a direct or indirect benefit in any agreement to which the authority is a party.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|
TX Transp Code § 452.527 (2021)
2021 Texas Statutes|Transportation Code|Title 6 - Roadways|Subtitle K - Mass Transportation|Chapter 452 - Regional Transportation Authorities|Subchapter L. Executive Committee of Authority Created by Contiguous Municipality|Section 452.527. Meetings

Sec. 452.527.  MEETINGS.  (a)  The executive committee shall hold at least one regular meeting each month to transact the business of the subregional authority.(b)  The presiding officer may call special meetings as necessary.(c)  The executive committee by resolution shall:(1)  set the time, place, and day of regular meetings;  and(2)  adopt rules and bylaws as necessary to conduct meetings.|Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.|