Texas § 3846.262 FINANCING AND IMPLEMENTATION OF DEVELOPMENT ZONE PROJECT PLAN.

Texas Statutes

§ 3846.262 — FINANCING AND IMPLEMENTATION OF DEVELOPMENT ZONE PROJECT PLAN.

Texas § 3846.262

Code SDSpecial District Local Laws Code

This text of Texas § 3846.262 (FINANCING AND IMPLEMENTATION OF DEVELOPMENT ZONE PROJECT PLAN.) 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. Special District Local Laws Code Code Ann. § 3846.262 (2026).

Text

Sec. 3846.262. FINANCING AND IMPLEMENTATION OF DEVELOPMENT ZONE PROJECT PLAN. The governing body of a development zone may exercise, or by order may delegate to the district, any powers and duties relating to the financing and implementation of the project plan for the zone, including the power and authority to:

(1)issue bonds or notes in the name of the zone in the same manner as Chapter 375 , Local Government Code, provides for a municipal management district;

(2)impose an ad valorem tax, assessment, or other charge in the zone, in the same manner as Chapter 375 , Local Government Code, provides for a municipal management district, and as authorized by Section 3846.265 if the ad valorem tax has been approved by the voters in the development zone at an election held for that purpose; an

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Sec. 3846.262. FINANCING AND IMPLEMENTATION OF DEVELOPMENT ZONE PROJECT PLAN. The governing body of a development zone may exercise, or by order may delegate to the district, any powers and duties relating to the financing and implementation of the project plan for the zone, including the power and authority to:
(1) issue bonds or notes in the name of the zone in the same manner as Chapter 375 , Local Government Code, provides for a municipal management district;
(2) impose an ad valorem tax, assessment, or other charge in the zone, in the same manner as Chapter 375 , Local Government Code, provides for a municipal management district, and as authorized by Section 3846.265 if the ad valorem tax has been approved by the voters in the development zone at an election held for that purpose; and
(3) impose a sales and use tax, as authorized by Section 3846.264 , if the sales and use tax has been approved by the voters in the development zone at an election held for that purpose.