Texas Statutes (Last Updated: January 4, 2014) |
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 502. PROVISIONS APPLICABLE TO TYPE A AND TYPE B CORPORATIONS |
Subchapter B. CORPORATE POWERS AND LIMITATIONS |
Sec. 502.052. USE OF TAX REVENUE FOR MASS TRANSIT-RELATED FACILITIES
Latest version.
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A corporation may, as authorized by the corporation's board of directors, spend tax revenue received under this subtitle for the development, improvement, expansion, or maintenance of facilities relating to the operation of commuter rail, light rail, or motor buses.
Added by Acts 2009, 81st Leg., R.S., Ch. 87 , Sec. 15.013(b), eff. September 1, 2009.