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Senate Bill 1120 |
Senate Author: Seliger |
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Effective: 6-17-11 |
House Sponsor: Lewis |
Senate Bill 1120 amends the Transportation Code to limit the property tax exemption otherwise applicable to the property of a local government corporation by excluding from that exemption the property of a local government corporation created by a municipal power agency if the property is located outside of the boundaries of each of the municipalities that created the municipal power agency.