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“The city, upon receiving its local sales tax allotment from the Comptroller, must remit the sales tax for economic development to the economic development corporation responsible for administering the tax. The proceeds of a sales tax for property tax relief would remain with the city.” – Page 34 Id. §§ 504.301, 505.256
“Section 501.073 of the Act provides that the city shall approve all programs and expenditures of the development corporation and shall annually review any financial statements of the corporation. It further provides that at all times the city will have access to the books and records of the development corporation. Additionally, Section 501.054(b)(2) of the Act states that the powers of the corporation shall be subject at all times to the control of the city’s governing body.” – page 42
Below are excerpts from the Handbook that talk about ballot wording on pages 27 and 28.
“Type B Ballot: Current law does not provide any required wording for the ballot for a Type B sales tax for economic development. Before the Development Act was codified, cities would use great care to include wording that described all of the categories of projects that the city would want to have the Type B corporation to pursue. 130 Cities should be sure to have their legal counsel review any proposed ballot wording prior to its use in an election proposition.” Page 27.A city may limit the use of the Type B tax to a specific project.136 However, as noted earlier, there is no required wording for a Type B tax ballot. Accordingly, there is no special wording that must be used to limit the use of the Type B tax to certain projects. If a city wants to limit the use of Type B tax proceeds to certain projects, it may choose to list only the types or categories of projects it desires on the ballot. Also, the Act provides certain authorization to expand the types of projects undertaken if subsequently approved by the eligible voters.137. Page 28
Further, the Texas Attorney General in Tex. Atty Gen. No. JC-400 (2001) addresses ballot wording regarding the adoption of a 4B sales and use tax. Tex. Atty Gen. No. JC-400 (2001) The link is: https://www.texasattorneygeneral.gov/opinions/opinions/49cornyn/op/2001/pdf/jc0400.pdf