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Tex. Local Government Code § 501.162

USE OF TAX REVENUE FOR JOB TRAINING

Texas · Texas Local Government Code · Status: effective

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Tex. Local Government Code § 501.162, USE OF TAX REVENUE FOR JOB TRAINING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/694022
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A corporation may spend tax revenue received under this subtitle for job training offered through a business enterprise only if the business enterprise has committed in writing to: (1) create new jobs that pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area; or (2) increase its payroll to pay wages that are at least equal to the prevailing wage for the applicable occupation in the local labor market area.