Texas § AG.60.106 - TAX INCREMENT FINANCING
Full text of Texas The Texas Constitution § AG.60.106 — TAX INCREMENT FINANCING, with citation guidance and answers to common questions.
§ AG.60.106. TAX INCREMENT FINANCING
TAX INCREMENT FINANCING. (a) A district may use tax increment financing under Chapter 311 , Tax Code, in the manner provided by that chapter for a municipality and as modified by this section. (b) A county commissioners court may establish a reinvestment zone including property located in the district and enter into a contract with the directors of the district on terms mutually acceptable to the two entities to allow the district to use tax increment financing as provided by Chapter 311 , Tax Code. (c) Property within the corporate limits of a municipality is not eligible for tax increment financing under this section. (d) Before using tax increment financing, a district must: (1) obtain the approval of the county commissioners court that issued the district's creation order; and (2) comply with Section 311.003 , Tax Code, as that section applies to a municipality. (e) For the purpose of tax increment financing under this section, the district board of directors is the board of directors of the reinvestment zone. Section 311.009 , Tax Code, does not apply to this chapter. Added by Acts 2001, 77th Leg., ch. 1393, Sec. 1, eff. June 16, 2001. SUBCHAPTER F. ASSESSMENTS
Frequently Asked Questions About Texas § AG.60.106
What does The Texas Constitution § AG.60.106 cover?
Section AG.60.106 ("TAX INCREMENT FINANCING") 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 § AG.60.106?
A common citation format is "The Texas Constitution § AG.60.106" (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 § AG.60.106 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.