Sec. 4501.153.  GRANTS FROM OTHER TAXING AUTHORITY; CONTRACT.  (a)  A taxing authority in Anderson or Cherokee County may by contract grant to the authority:
(1)  sales tax revenue received from a sale made on property owned, controlled, or leased by the authority or by a person with whom the authority contracts under Section 4501.102; or
(2)  local hotel occupancy tax revenue received from a hotel located within one mile of a place where the Texas State Railroad loads or unloads passengers.
(b)  The grant must serve a public purpose of the taxing authority making the grant.
Added by Acts 2007, 80th Leg., R.S., Ch. 568 (S.B. 1659), Sec. 1, eff. June 16, 2007.