Human Resources Code › Title 12 › Chapter 246

Texas Human Resources Code § 246.008

Lease of Land

Industries Program

(a) The department may lease land owned by the department to a private business to expand and develop the industries program.

(b) The term of the lease may not exceed 20 years.

(c) The business must lease the land at fair market value.

(d) The business may construct a new facility on the land or convert an existing facility.

Official text of the Texas Human Resources Code as published by the Texas Legislative Council.

Official source
Legislative history

Transferred, redesignated and amended from Human Resources Code, Subchapter I, Chapter 61 by Acts 2011, 82nd Leg., R.S., Ch. 85 (S.B. 653), Sec. 1.008, eff. September 1, 2011.