Texas Government Code 2310.102 – Adversely Affected Defense-Dependent Community
Terms Used In Texas Government Code 2310.102
- Contract: A legal written agreement that becomes binding when signed.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
A municipality or county is an adversely affected defense-dependent community if the bank determines that:
(1) the municipality or county requires assistance because of:
(A) the proposed or actual establishment, realignment, or closure of a defense facility;
(B) the cancellation or termination of a United States Department of Defense contract or the failure of the department of defense to proceed with an approved major weapon system program;
(C) a publicly announced planned major reduction in department of defense spending that would directly and adversely affect the municipality or county; or
(D) the closure or a significant reduction of the operations of a defense facility as the result of a merger, acquisition, or consolidation of a defense contractor operating the facility; and
(2) the municipality or county is expected to experience, during the period between the beginning of the federal fiscal year during which an event described by Subdivision (1) is finally approved and the date that the event is to be substantially completed, a direct loss of:
(A) 2,500 or more defense worker jobs in any area of the municipality or county that is located in an urbanized area of a metropolitan statistical area;
(B) 1,000 or more defense worker jobs in any area of the municipality or county that is not located in an urbanized area of a metropolitan statistical area; or
(C) one percent of the civilian jobs in the municipality or county.