Texas § 54.101 DEFINITION.

Texas Statutes

§ 54.101 — DEFINITION.

Texas § 54.101

Code TNTransportation Code

This text of Texas § 54.101 (DEFINITION.) 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. Transportation Code Code Ann. § 54.101 (2026).

Text

Sec. 54.101. DEFINITION. In this subchapter, "net revenue" means the gross revenue derived from the operation of a port improvement or facility the net revenue of which is pledged to the payment of an obligation less:

(1)the reasonable expenses of maintaining and operating the port improvement or facility, including necessary repair, maintenance, and insurance of the port improvement or facility; and

(2)if the municipality pledging the net revenue is a home-rule municipality, any annual payment of the municipality provided for in the charter.

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Sec. 54.101. DEFINITION. In this subchapter, "net revenue" means the gross revenue derived from the operation of a port improvement or facility the net revenue of which is pledged to the payment of an obligation less:
(1) the reasonable expenses of maintaining and operating the port improvement or facility, including necessary repair, maintenance, and insurance of the port improvement or facility; and
(2) if the municipality pledging the net revenue is a home-rule municipality, any annual payment of the municipality provided for in the charter.