Texas § GV.2303.404 - REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION

Full text of Texas The Texas Constitution § GV.2303.404 — REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION, with citation guidance and answers to common questions.

§ GV.2303.404. REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION

REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION. (a) A qualified business may request that the governing body of a municipality or county in which the qualified business is located apply to the bank for designation of a project or activity of the business as an enterprise project. (b) The enterprise project designation must be for: (1) an expansion or relocation from out-of-state, an expansion, renovation, or new construction, or other property to be undertaken by a qualified business; and (2) a predetermined designation period approved by the bank, with beginning and ending dates for each proposed project or activity. (c) The designation period for an enterprise project may not be for less than one year or more than five years from the date on which the designation is made. (d) If an enterprise project designation is for a franchise or subsidiary, separate books and records must be maintained for the business activity conducted at the qualified business site. Added by Acts 1995, 74th Leg., ch. 76, Sec. 5.52(a), eff. Sept. 1, 1995, and Acts 1995, 74th Leg., ch. 985, Sec. 6, eff. Sept. 1, 1995. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.11, eff. Sept. 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 1114 (H.B. 3694 ), Sec. 7, eff. June 15, 2007.

Frequently Asked Questions About Texas § GV.2303.404

What does The Texas Constitution § GV.2303.404 cover?

Section GV.2303.404 ("REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § GV.2303.404?

A common citation format is "The Texas Constitution § GV.2303.404" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § GV.2303.404 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.