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Current as of January 01, 2024 | Updated by FindLaw Staff
In this chapter:
(1) “Board” means the Economic Incentive Oversight Board.
(2) “Monetary incentive” means a grant, loan, or other form of monetary incentive paid from state revenues, including a state trust fund, that a business entity or other person may receive in exchange for or as a result of conducting an activity with an economic development purpose.
(2-a) “Rural county” means a county with a population of less than 60,000.
(3) “Tax incentive” means any exemption, deduction, credit, exclusion, waiver, rebate, discount, deferral, or other abatement or reduction of state tax liability of a business entity or other person that the person may receive in exchange for or as a result of conducting an activity with an economic development purpose.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 490G.001. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-490g-001/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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