Texas § 2303.404 REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION.

Texas Statutes

§ 2303.404 — REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION.

Texas § 2303.404

Code GVGovernment Code

This text of Texas § 2303.404 (REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 2303.404 (2026).

Text

Sec. 2303.404. REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION.

(a)A qualified business may request that the governing body of a municipality or county in which the qualified business is located apply to the bank for designation of a project or activity of the business as an enterprise project.

(b)The enterprise project designation must be for:

(1)an expansion or relocation from out-of-state, an expansion, renovation, or new construction, or other property to be undertaken by a qualified business; and

(2)a predetermined designation period approved by the bank, with beginning and ending dates for each proposed project or activity.

(c)The designation period for an enterprise project may not be for less than one year or more than five years from the date on which the designati

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Sec. 2303.404. REQUEST FOR APPLICATION FOR ENTERPRISE PROJECT DESIGNATION. (a) A qualified business may request that the governing body of a municipality or county in which the qualified business is located apply to the bank for designation of a project or activity of the business as an enterprise project.
(b) The enterprise project designation must be for:
(1) an expansion or relocation from out-of-state, an expansion, renovation, or new construction, or other property to be undertaken by a qualified business; and
(2) a predetermined designation period approved by the bank, with beginning and ending dates for each proposed project or activity.
(c) The designation period for an enterprise project may not be for less than one year or more than five years from the date on which the designation is made.
(d) If an enterprise project designation is for a franchise or subsidiary, separate books and records must be maintained for the business activity conducted at the qualified business site.

Legislative History

Added by Acts 1995, 74th Leg., ch. 76, Sec. 5.52(a), eff. Sept. 1, 1995, and Acts 1995, 74th Leg., ch. 985, Sec. 6, eff. Sept. 1, 1995. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.11, eff. Sept. 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 1114 (H.B. 3694 ), Sec. 7, eff. June 15, 2007.