Texas § TN.452.660 - ADDITIONAL COMPUTATIONS FOR CERTAIN AUTHORITIES
Full text of Texas The Texas Constitution § TN.452.660 — ADDITIONAL COMPUTATIONS FOR CERTAIN AUTHORITIES, with citation guidance and answers to common questions.
§ TN.452.660. ADDITIONAL COMPUTATIONS FOR CERTAIN AUTHORITIES
ADDITIONAL COMPUTATIONS FOR CERTAIN AUTHORITIES. (a) In addition to the amount determined under Sections 452.659 (a)(1) and (2), the total financial obligations of a unit of election withdrawn from an authority consisting of one subregion governed by a subregional board created under Subchapter O include the amount of the cost incurred by the authority for any capital improvements transferred to the unit of election under Section 452.657 (c), less the unit of election's share of the total amount of the unencumbered assets of the authority that consist of cash, cash deposits, certificates of deposit, and bonds, stocks, and other negotiable securities. (b) The unit of election's share of the unencumbered assets of the authority under Subsection (a) is determined by the subregional board as an amount equal to the authority's total unencumbered assets described by Subsection (a), multiplied by the average of: (1) the number of inhabitants of the unit of election divided by the number of inhabitants of all units of election of the authority; and (2) the total sales tax contributed by the unit of election to the authority divided by the total sales tax contributed to the authority by all units of election of the authority. (c) The number of inhabitants is determined as provided by Section 452.559(d). Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Frequently Asked Questions About Texas § TN.452.660
What does The Texas Constitution § TN.452.660 cover?
Section TN.452.660 ("ADDITIONAL COMPUTATIONS FOR CERTAIN AUTHORITIES") 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 § TN.452.660?
A common citation format is "The Texas Constitution § TN.452.660" (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 § TN.452.660 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.