{"id":349,"date":"2015-11-20T20:30:00","date_gmt":"2015-11-20T20:30:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/2015\/11\/20\/the-genesis-of-transportation-reinvestment-zones-4-things-to-know-the-ag-opinion-that-detailed-it\/"},"modified":"2015-11-20T20:30:00","modified_gmt":"2015-11-20T20:30:00","slug":"the-genesis-of-transportation-reinvestment-zones-4-things-to-know-the-ag-opinion-that-detailed-it","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/the-genesis-of-transportation-reinvestment-zones-4-things-to-know-the-ag-opinion-that-detailed-it\/","title":{"rendered":"The Genesis of Transportation Reinvestment Zones. 4 Things to Know. The AG Opinion that Detailed it."},"content":{"rendered":"<p>In 2012, Attorney General Abbott was asked by Chairman Pickett to answer questions about:<\/p>\n<div title=\"Page 1\">\n<ul>\n<li>The Authority of a county to form a transportation reinvestment zone<\/li>\n<li>Whether the zone can\u00a0collect an ad valorem tax increment<\/li>\n<li>Can the funds be \u00a0pledged and assigned to secure bonds to pay the cost of a transportation project ?<\/li>\n<\/ul>\n<p>The Attorney General Opinion <a href=\"https:\/\/www.texasattorneygeneral.gov\/opinions\/opinions\/50abbott\/op\/2012\/pdf\/ga0981.pdf\">GA-0981<\/a>:<\/p>\n<ul>\n<li>Transportation Code Chapter 222 lays out\u00a0Transportation Reinvestment Zone parameters<\/li>\n<li>Since we&#8217;re talking about Ad Valorem Increment Bonds we also have to look at <a href=\"https:\/\/www.texasattorneygeneral.gov\/opinions\/opinions\/50abbott\/op\/2012\/htm\/ga0953.htm\">AG Opinion GA-0953<\/a><\/li>\n<li>0953 tells us that we need to look at Texas Constitution Article 8, Section 1-g(b) that limits ad valorem increment bonds to cities and towns but not counties and could threfore be subject to a constitutional challenge base don equal and uniform taxation.<\/li>\n<li>Voters rejected a 2011 Constitutional Amendment that would have expanded this language to counties.<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In 2012, Attorney General Abbott was asked by Chairman Pickett to answer questions about:<\/p>\n<div title=\"Page 1\">\n<ul>\n<li>The Authority of a county to form a transportation reinvestment zone<\/li>\n<li>Whether the zone can\u00a0collect an ad valorem tax increment<\/li>\n<li>Can the funds be \u00a0pledged and assigned to secure bonds to pay the cost of a transportation project ?<\/li>\n<\/ul>\n<p>The Attorney General Opinion <a href=\"https:\/\/www.texasattorneygeneral.gov\/opinions\/opinions\/50abbott\/op\/2012\/pdf\/ga0981.pdf\">GA-0981<\/a>:<\/p>\n<ul>\n<li>Transportation Code Chapter 222 lays out\u00a0Transportation Reinvestment Zone parameters<\/li>\n<li>Since we&#8217;re talking about Ad Valorem Increment&#8230;<\/li>\n<\/ul>\n<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,22,8,37],"tags":[],"class_list":["post-349","post","type-post","status-publish","format-standard","hentry","category-2017-issue","category-attorney-general","category-funding","category-special-districts","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/comments?post=349"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/posts\/349\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/media?parent=349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/categories?post=349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/transportation\/wp-transportation\/wp-json\/wp\/v2\/tags?post=349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}