Texas Transportation Code

§ 451.205 — STATION OR TERMINAL COMPLEX: REGIONAL ECONOMIC DEVELOPMENT FACILITIES ADDITIONAL TAX

TN § 451.205Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 451. METROPOLITAN RAPID TRANSIT AUTHORITIES · Art. E. REGIONAL ECONOMIC DEVELOPMENT FACILITIES IN STATIONS OR TERMINAL COMPLEXES

Statute text

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(a)An authority may increase its sales and use tax rate, not to exceed the rate authorized by Sections 451.404 and 451.405, to provide for the planning, acquisition, establishment, development, and construction of a station or terminal complex that includes regional economic development facilities if a majority of the votes received in an election called for that purpose approve the increase.

(b)An election under Subsection (a) may be called only if both the governing body of the principal municipality and the board by resolution order the election after:

(1)a petition requesting an election is submitted to the board;

(2)the board and the governing body hold separate public hearings on the ballot proposition; and

(3)notice is given of the intent to vote on the tax rate increase.

(c)The notice provided under Subsection (b)(3) must include:

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Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.