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Tex. Local Government Code § 504.105

LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE

Texas · Texas Local Government Code · Status: effective

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Tex. Local Government Code § 504.105, LIMITATION ON USE OF REVENUES FOR PROMOTIONAL PURPOSE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/694112
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(a) Except as provided by Subsection (b), a Type A corporation may spend not more than 10 percent of the corporate revenues for promotional purposes. (b) A Type A corporation may spend not more than 25 percent of the corporate revenues for promotional purposes if the authorizing municipality: (1) is located in two counties; (2) has a population of less than 24,250 according to the 1990 federal census; and (3) is located wholly or partly within 10 miles of a federal military reservation.