Tex. Local Gov't Code Section 335.075
Contribution or Dedication of Certain Revenue by Political Subdivision

(a)

A political subdivision, including a metropolitan rapid transit authority created under Chapter 451 (Metropolitan Rapid Transit Authorities), Transportation Code, may contribute or dedicate to the district all or part of the sales and use tax revenue received by the political subdivision that is generated, paid, or collected by any or all businesses operating in an approved venue project. If the political subdivision contributes or dedicates the revenue to assist the district in securing bonds or other obligations, including refunding bonds, that are issued to provide funding for an approved venue project, the political subdivision may not make a contribution or dedication for that purpose after the date on which those bonds or other obligations are no longer outstanding.

(b)

A political subdivision may contribute or dedicate sales and use tax revenue under this section only if the governing body or governing board of the political subdivision determines that the approved venue project from which the revenue was or will be derived will contribute to the economic, cultural, or recreational development or well-being of the residents of the political subdivision.

(c)

The district shall deposit revenue contributed or dedicated under this section in the venue project fund and may use the revenue in the same manner as any other money deposited in the fund.

(d)

A contribution or dedication of revenue under this section is not a “method of financing” of the district as that term is used in Subchapter D.
Added by Acts 1997, 75th Leg., ch. 551, Sec. 1, eff. Sept. 1, 1997.

Source: Section 335.075 — Contribution or Dedication of Certain Revenue by Political Subdivision, https://statutes.­capitol.­texas.­gov/Docs/LG/htm/LG.­335.­htm#335.­075 (accessed Jun. 5, 2024).

335.001
Definitions 335.002
Application to Venue Constructed Under Other Law 335.003
Other Uses of Venue Permitted 335.004
Specific Performance 335.005
Suits 335.021
Creation 335.022
Order Creating District 335.023
Political Subdivision 335.031
Composition and Appointment of Board 335.032
Compensation 335.033
Meetings 335.034
Officers 335.035
Additional Requirements for Board of District Created in Populous County 335.051
Resolution Authorizing Project 335.052
State Fiscal Impact Analysis 335.053
Appeal of Comptroller Determination 335.054
Election 335.055
False and Misleading Campaign Material 335.071
General Powers of District 335.072
Venue Project Fund 335.073
Bonds and Other Obligations 335.074
Public Purpose of Venue Project 335.075
Contribution or Dedication of Certain Revenue by Political Subdivision 335.076
Contracts with Historically Underutilized Businesses 335.077
Exemption from Construction Contracting Law 335.078
Venue District as Endorsing Municipality or County 335.101
Definitions 335.102
Applicability of Subchapter 335.103
Applicability of Laws 335.104
Creation of Code of Conduct 335.105
Rulemaking 335.106
General Duties 335.107
Vendor Requirements 335.108
Disclosure of Vendor Relationship by Directors and Employees 335.109
Request for Opinion from General Counsel 335.110
Penalties 335.151
Applicability 335.152
Dissolution 335.153
Assets and Liabilities 335.0535
Transportation Authority Impact Analysis 335.0536
Appeal of Authority Determination 335.0711
Limit on Power to Own or Acquire Real Property in Certain Districts 335.0715
Use of Financing for Certain Projects 335.0725
Books, Records, and Papers 335.1085
Filing of Financial Statement by Director
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Accessed:
Jun. 5, 2024

§ 335.075’s source at texas​.gov