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Section 5010.0103. Legislative Findings

TX Spec Dist Code § 5010.0103 (2019) (N/A)
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Sec. 5010.0103. LEGISLATIVE FINDINGS. The creation of the district:

(1) is essential to:

(A) accomplish the purposes of Section 59, Article XVI, Texas Constitution; and

(B) the general welfare of this state for the development of maritime shipping to and from the state's ports;

(2) is in the interest of national defense, the Port of Beaumont being strategically located on the Gulf Coast with an inland-protected harbor and in a rapidly developing industrial area where wharves, docks, and intermodal facilities are located; and

(3) will result in:

(A) material benefits and improvements to district territory;

(B) the increase of the taxable value of property in the district; and

(C) material benefit to that part of the state in which the district is located.

Added by Acts 2019, 86th Leg., R.S., Ch. 495 (H.B. 4666), Sec. 1, eff. September 1, 2019.