Texas § 501.452 PROJECTS RELATED TO HURRICANE IKE DISASTER AREA.

Texas Statutes

§ 501.452 — PROJECTS RELATED TO HURRICANE IKE DISASTER AREA.

Texas § 501.452

Code LGLocal Government Code

This text of Texas § 501.452 (PROJECTS RELATED TO HURRICANE IKE DISASTER AREA.) 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. Local Government Code Code Ann. § 501.452 (2026).

Text

Sec. 501.452. PROJECTS RELATED TO HURRICANE IKE DISASTER AREA. For a corporation to which this subchapter applies, in this subtitle, "project":

(1)includes an undertaking the costs of which are eligible to be paid from the proceeds of qualified Hurricane Ike disaster area bonds under Section 704, Heartland Disaster Tax Relief Act of 2008 (Pub. L. No. 110-343); and

(2)does not include:

(A)a qualified residential rental project, as defined by Section 142(d), Internal Revenue Code of 1986; or

(B)a project the costs of which are payable from qualified mortgage bonds, as defined by Section 143, Internal Revenue Code of 1986.

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Sec. 501.452. PROJECTS RELATED TO HURRICANE IKE DISASTER AREA. For a corporation to which this subchapter applies, in this subtitle, "project":
(1) includes an undertaking the costs of which are eligible to be paid from the proceeds of qualified Hurricane Ike disaster area bonds under Section 704, Heartland Disaster Tax Relief Act of 2008 (Pub. L. No. 110-343); and
(2) does not include:
(A) a qualified residential rental project, as defined by Section 142(d), Internal Revenue Code of 1986; or
(B) a project the costs of which are payable from qualified mortgage bonds, as defined by Section 143, Internal Revenue Code of 1986.