Texas § TX.313.003 - PURPOSES
Full text of Texas The Texas Constitution § TX.313.003 — PURPOSES, with citation guidance and answers to common questions.
§ TX.313.003. PURPOSES
PURPOSES. The purposes of this chapter are to: (1) encourage large-scale capital investments in this state; (2) create new, high-paying jobs in this state; (3) attract to this state large-scale businesses that are exploring opportunities to locate in other states or other countries; (4) enable state and local government officials and economic development professionals to compete with other states by authorizing economic development incentives that are comparable to incentives being offered to prospective employers by other states and to provide state and local officials with an effective means to attract large-scale investment; (5) strengthen and improve the overall performance of the economy of this state; (6) expand and enlarge the ad valorem tax base of this state; and (7) enhance this state's economic development efforts by providing state and local officials with an effective economic development tool. 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.313.003
What does The Texas Constitution § TX.313.003 cover?
Section TX.313.003 ("PURPOSES") 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.313.003?
A common citation format is "The Texas Constitution § TX.313.003" (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.313.003 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.