Texas § TX.313.002 - FINDINGS
Full text of Texas The Texas Constitution § TX.313.002 — FINDINGS, with citation guidance and answers to common questions.
§ TX.313.002. FINDINGS
FINDINGS. The legislature finds that: (1) many states have enacted aggressive economic development laws designed to attract large employers, create jobs, and strengthen their economies; (2) given Texas' relatively high ad valorem taxes, it is difficult for the state to compete for new capital projects without temporarily limiting ad valorem taxes imposed on new capital investments; (3) a significant portion of the Texas economy continues to be based in manufacturing and other capital-intensive industries, and their continued growth and overall health serve the Texas economy well; (4) without a vibrant, strong manufacturing sector, other sectors of the economy, especially the state's service sector, will also suffer adverse consequences; and (5) the current ad valorem tax system of this state does not favor capital-intensive businesses such as manufacturers. Added by Acts 2001, 77th Leg., ch. 1505, Sec. 1, eff. Jan. 1, 2002. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 1304 (H.B. 3390 ), Sec. 1, eff. January 1, 2014.
Frequently Asked Questions About Texas § TX.313.002
What does The Texas Constitution § TX.313.002 cover?
Section TX.313.002 ("FINDINGS") 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 § TX.313.002?
A common citation format is "The Texas Constitution § TX.313.002" (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 § TX.313.002 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.