Texas § SD.3905.155 - TAX INCREMENT FINANCING POWERS
Full text of Texas The Texas Constitution § SD.3905.155 — TAX INCREMENT FINANCING POWERS, with citation guidance and answers to common questions.
§ SD.3905.155. TAX INCREMENT FINANCING POWERS
TAX INCREMENT FINANCING POWERS. (a) The district may designate all or any part of the district as a tax increment reinvestment zone. The district may use tax increment financing under Chapter 311 , Tax Code, in the manner provided by that chapter for a municipality, except as modified by this section. (b) The district has all powers provided under Chapter 311 , Tax Code. (c) The district and an overlapping taxing unit may enter into an interlocal agreement for the payment of all or a portion of the tax increment of the unit to the district. (d) For the purpose of tax increment financing under this section, the board functions as the board of directors of the reinvestment zone. Section 311.009 , Tax Code, does not apply to the district. Added by Acts 2013, 83rd Leg., R.S., Ch. 345 (H.B. 2139 ), Sec. 1, eff. June 14, 2013. SUBCHAPTER E. DISSOLUTION
Frequently Asked Questions About Texas § SD.3905.155
What does The Texas Constitution § SD.3905.155 cover?
Section SD.3905.155 ("TAX INCREMENT FINANCING POWERS") 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 § SD.3905.155?
A common citation format is "The Texas Constitution § SD.3905.155" (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 § SD.3905.155 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.