The board may:
(1) decrease by order the authority's sales and use tax rate; or
(2) order an election to decrease the rate.
Official text of the Texas Transportation Code as published by the Texas Legislative Council.
Transportation Code › Title 6 › Chapter 451 › Subchapter I
Texas Transportation Code § 451.407
Metropolitan Rapid Transit Authorities · Taxation
The board may:
(1) decrease by order the authority's sales and use tax rate; or
(2) order an election to decrease the rate.
Official text of the Texas Transportation Code as published by the Texas Legislative Council.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.