Texas § TN.460.610 - USE OF SURPLUS TAX INCREMENT PAYMENT AMOUNTS
Full text of Texas The Texas Constitution § TN.460.610 — USE OF SURPLUS TAX INCREMENT PAYMENT AMOUNTS, with citation guidance and answers to common questions.
§ TN.460.610. USE OF SURPLUS TAX INCREMENT PAYMENT AMOUNTS
USE OF SURPLUS TAX INCREMENT PAYMENT AMOUNTS. After any applicable capital recovery fee has been paid, the authority and the municipality shall negotiate to determine use of the amount of tax increment payments that exceeds the amount necessary to compensate the authority for the annual maintenance and operating expenses of providing service to the public transportation financing area. The excess amounts may be used to develop infrastructure enhancement, replacement, or improvement projects in the public transportation financing area that benefit both the municipality and the authority. Added by Acts 2011, 82nd Leg., R.S., Ch. 921 (S.B. 1422 ), Sec. 4, eff. September 1, 2011.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § TN.460.610
What does The Texas Constitution § TN.460.610 cover?
Section TN.460.610 ("USE OF SURPLUS TAX INCREMENT PAYMENT AMOUNTS") 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.460.610?
A common citation format is "The Texas Constitution § TN.460.610" (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.460.610 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.