(a) This subchapter does not affect a taxing unit's authority to grant a tax abatement.
(b) This subchapter does not affect a Type A corporation's authority to invest in a project or recover its total investment by contract under Section 501.159.
Tex. Loc. Gov't Code § 504.204
EFFECT ON AUTHORITY UNDER OTHER LAW
Known as the Development Corporation Act
The act spans §§ 501–507 (255 sections).
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.