Texas § GV.2303.503 - STATE PREFERENCES
Full text of Texas The Texas Constitution § GV.2303.503 — STATE PREFERENCES, with citation guidance and answers to common questions.
§ GV.2303.503. STATE PREFERENCES
STATE PREFERENCES. (a) A state agency shall give preference to the governing body of an enterprise zone or a qualified business or qualified employee located in an enterprise zone over other eligible applicants for grants or loans that are administered by the state agency if: (1) at least 50 percent of the grant or loan will be spent for the direct benefit of the enterprise zone; and (2) the purpose of the grant or loan is to: (A) promote economic development in the community; or (B) construct, improve, extend, repair, or maintain public facilities in the community. (b) The comptroller may and is encouraged to deposit state money in financial institutions located or doing business in enterprise zones. (c) A state agency may and is encouraged to contract with businesses located in enterprise zones. (d) The office may give preference to enterprise zones in granting economic development money or other benefits. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.71, eff. Sept. 1, 1997; Acts 2003, 78th Leg., ch. 814, Sec. 3.21, eff. Sept. 1, 2003.
Frequently Asked Questions About Texas § GV.2303.503
What does The Texas Constitution § GV.2303.503 cover?
Section GV.2303.503 ("STATE PREFERENCES") 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.2303.503?
A common citation format is "The Texas Constitution § GV.2303.503" (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.2303.503 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.