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Tex. Health and Safety Code § 391.203

DETERMINATION OF GRANT AMOUNT

Texas · Texas Health and Safety Code · Status: effective

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Tex. Health and Safety Code § 391.203, DETERMINATION OF GRANT AMOUNT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/672701
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(a) The commission may not award a grant that, net of taxes, provides an amount that exceeds the incremental cost of the proposed project. (b) In determining the amount of a grant under this subchapter, the commission shall reduce the incremental cost of a proposed project by the value of any existing financial incentive that directly reduces the cost of the proposed project, including tax credits or deductions, other grants, or any other public financial assistance.