RATE DECREASE — Texas Code § TN.460.554
Texas Code § TN.460.554 — RATE DECREASE. Reproduced from the official The Texas Constitution, with a citation summary, verification link, and related provisions.
§ TN.460.554. RATE DECREASE
RATE DECREASE. The board of directors by order may direct the comptroller of public accounts to collect the authority's sales and use tax at a rate that is lower than the rate approved by the voters at the confirmation hearing if the board of directors determines that it is in the best interest of the authority. Added by Acts 2001, 77th Leg., ch. 1186, Sec. 1, eff. Sept. 1, 2001. Amended by: Acts 2007, 80th Leg., R.S., Ch. 326 (H.B. 2682 ), Sec. 20, eff. September 1, 2007. SUBCHAPTER I. PARTICIPATION IN AUTHORITY THROUGH TAX INCREMENT PAYMENTS
Source: official Texas text · Last verified 2026-08-27
At a glance
- Citation: The Texas Constitution § TN.460.554
- Jurisdiction: Texas
- Code: The Texas Constitution
- Subject: RATE DECREASE
- Text: transcribed from the official source (verify below)
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Common questions
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The text above is transcribed from the The Texas Constitution, the codified statutes of Texas. The official publisher link appears under "Verify the text" on this page.
What subject does The Texas Constitution § TN.460.554 address?
It addresses "RATE DECREASE". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
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