11.11 – , Tax Code, while the municipality or county owns the venue
Texas Local Government Code § 11.11
Summary
This law requires operators of approved venue projects on exempt properties to pay annual fees to school districts. It affects municipalities and counties that own such venues, ensuring that school districts receive compensation despite the property tax exemption.
Operators must pay school districts for exempt properties.
Payments are due annually on January 1.
Applies only while the municipality or county owns the venue.
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In simple terms: Learn about Texas's , Tax Code, while the municipality or county owns the venue law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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