§ 460.601 Definition
§ 460.602 Participation in Service Plan; Agreement With Municipality
§ 460.603 Designation of Public Transportation Financing Area
§ 460.604 Hearing
§ 460.605 Designation of Tax Increment
§ 460.606 Tax Increment Account; Use of Taxes
§ 460.607 Agreement With Comptroller
§ 460.608 Accounting of Maintenance and Operating Expenses
§ 460.609 Capital Recovery Fee
§ 460.610 Use of Surplus Tax Increment Payment Amounts
§ 460.611 Termination of Public Transportation Financing Area
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Terms Used In Texas Transportation Code Chapter 460 > Subchapter I - Participation in Authority Through Tax Increment Payments

  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Fiduciary: A trustee, executor, or administrator.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Property: means real and personal property. See Texas Government Code 311.005
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005