Tex. Spec. Dist. Local Laws Code Section 3868.006
Eligibility for Inclusion in Special Zones

(a)

All or any part of the area of the district is eligible to be included in:

(1)

a tax increment reinvestment zone created under Chapter 311 (Tax Increment Financing Act), Tax Code;

(2)

a tax abatement reinvestment zone created under Chapter 312 (Property Redevelopment and Tax Abatement Act), Tax Code;

(3)

an enterprise zone created under Chapter 2303 (Enterprise Zones), Government Code; or

(4)

an industrial district created under Chapter 42 (Extraterritorial Jurisdiction of Municipalities), Local Government Code.

(b)

If the town creates a tax increment reinvestment zone described by Subsection (a), the town and the board of directors of the zone, by contract with the district, may grant money deposited in the tax increment fund to the district to be used by the district for:

(1)

the purposes permitted for money granted to a corporation under Section 380.002 (Economic Development Grants by Certain Municipalities)(b), Local Government Code; and

(2)

any other district purpose, including the right to pledge the money as security for any bonds issued by the district under Section 3868.201 (Borrowing Money; Obligations).

(c)

A tax increment reinvestment zone created by the town in the district is not subject to the limitations provided by Section 311.006 (Restrictions on Composition of Reinvestment Zone), Tax Code.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1190 (H.B. 3819), Sec. 1, eff. September 1, 2011.

Source: Section 3868.006 — Eligibility for Inclusion in Special Zones, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­3868.­htm#3868.­006 (accessed May 26, 2025).

3868.001
Definitions 3868.002
Creation and Nature of District 3868.003
Purpose 3868.004
Findings of Benefit and Public Purpose 3868.005
District Territory 3868.006
Eligibility for Inclusion in Special Zones 3868.007
Liberal Construction of Chapter 3868.051
Governing Body 3868.052
Qualifications of Appointed Director 3868.053
Complete Discretion of Town Regarding Appointment of Director 3868.054
Vacancy 3868.055
Director’s Oath or Affirmation 3868.056
Officers 3868.057
Compensation 3868.058
Liability Insurance 3868.101
General Powers and Duties 3868.102
Improvement Projects 3868.103
Water District Powers 3868.104
Road District Powers 3868.105
Public Improvement District Powers 3868.106
Municipal Management District Powers 3868.107
Contract Powers 3868.108
Development Corporation Powers 3868.109
Nonprofit Corporation 3868.110
Agreements 3868.111
Membership in Charitable Organizations 3868.112
Economic Development 3868.113
Adding or Removing Territory 3868.114
No Eminent Domain Power 3868.115
No Ad Valorem Tax 3868.116
No Toll Roads 3868.151
Improvement Projects and Services 3868.152
Board Determination Required 3868.153
Location of Improvement Project 3868.154
Town Requirements 3868.155
Improvement Project and Service in Definable Area 3868.156
Contracts 3868.201
Borrowing Money 3868.202
Development Agreement 3868.203
Assessments 3868.204
Disbursements and Transfers of Money 3868.205
Residential Property Not Exempt 3868.251
Dissolution by Town Ordinance 3868.252
Collection of Assessments and Other Revenue 3868.253
Assumption of Assets and Liabilities
Green check means up to date. Up to date

Verified:
May 26, 2025

§ 3868.006. Eligibility for Inclusion in Spec. Zones's source at texas​.gov