Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 10. GENERAL GOVERNMENT |
Subtitle F. STATE AND LOCAL CONTRACTS AND FUND MANAGEMENT |
Chapter 2264. RESTRICTIONS ON USE OF CERTAIN PUBLIC SUBSIDIES |
Subchapter B. RESTRICTIONS ON USE OF CERTAIN PUBLIC SUBSIDIES TO EMPLOY UNDOCUMENTED WORKERS |
Sec. 2264.053. AGREEMENT REGARDING REPAYMENT OF INTEREST
Latest version.
-
A public agency, state or local taxing jurisdiction, or economic development corporation, before awarding a public subsidy to a business, shall enter into a written agreement with the business specifying the rate and terms of the payment of interest if the business is required to repay the public subsidy.
Added by Acts 2007, 80th Leg., R.S., Ch. 853 , Sec. 1, eff. September 1, 2007.