Texas § 504.201 DEFINITIONS.

Texas Statutes

§ 504.201 — DEFINITIONS.

Texas § 504.201

Code LGLocal Government Code

This text of Texas § 504.201 (DEFINITIONS.) 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. § 504.201 (2026).

Text

Sec. 504.201. DEFINITIONS. In this subchapter:

(1)"Base taxable value" means the taxable value of property located in the defined area of a project as of January 1 of the year in which the agreement is entered into under Section 504.202 .

(2)"Corresponding taxing unit" means another taxing unit that:

(A)is of the same type of political subdivision as a taxing unit that enters into an agreement under Section 504.202 ; and

(B)taxes property located in the defined area of a project that is the subject of the agreement.

(3)"Taxing unit" has the meaning assigned by Section 1.04 , Tax Code.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 504.201. DEFINITIONS. In this subchapter:
(1) "Base taxable value" means the taxable value of property located in the defined area of a project as of January 1 of the year in which the agreement is entered into under Section 504.202 .
(2) "Corresponding taxing unit" means another taxing unit that:
(A) is of the same type of political subdivision as a taxing unit that enters into an agreement under Section 504.202 ; and
(B) taxes property located in the defined area of a project that is the subject of the agreement.
(3) "Taxing unit" has the meaning assigned by Section 1.04 , Tax Code.