Texas Statutes
§ 507.202 — PAYMENT IN LIEU OF AD VALOREM TAXES.
Texas § 507.202
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 507.202 (PAYMENT IN LIEU OF AD VALOREM TAXES.) 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. § 507.202 (2026).
Text
Sec. 507.202. PAYMENT IN LIEU OF AD VALOREM TAXES. In lieu of taxes, a spaceport development corporation shall pay to each political subdivision of this state in which land owned by the corporation is located an amount equal to the amount of ad valorem taxes that would be imposed on that land if the land were privately owned.
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.01, eff. April 1, 2009.
Nearby Sections
15
§ 507.001
DEFINITIONS.§ 507.002
SCOPE OF PROJECT.§ 507.006
CONFLICTS OF LAW.§ 507.051
BOARD OF DIRECTORS.§ 507.052
OFFICERS.§ 507.053
MEETINGS.§ 507.103
EMINENT DOMAIN.§ 507.104
CONTRACTS.§ 507.105
GENERAL POWERS RELATED TO FINANCES.§ 507.106
DONATIONS, GRANTS, AND LOANS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 507.202, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/507.202.