Tex. Gov't Code § 2264.053

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2264.053 - Agreement Regarding Repayment of Interest

A public agency, state or local taxing jurisdiction, or economic development corporation, before awarding a public subsidy to a business, shall enter into a written agreement with the business specifying the rate and terms of the payment of interest if the business is required to repay the public subsidy.

Tex. Gov't. Code § 2264.053

Added by Acts 2007, 80th Leg., R.S., Ch. 853, Sec. 1, eff. 9/1/2007.