Tex. Local Government Code § 272.004
This is the official text of Tex. Local Government Code § 272.004, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 272.004. TRANSFERS OF PROPERTY BY CERTAIN POLITICAL SUBDIVISIONS.
Official statutory text
(a) In this section, "political subdivision" has the same meaning as the term "issuer" under Section 1371.001, Government Code.
(b) A political subdivision may sell, lease as a lessee or lessor, or otherwise transfer property in the same manner as the subregional board of a regional transportation authority under Sections 452.108(d) and (e), Transportation Code.
(c) A sale, lease, or other transfer of property under this section must be approved by a majority of the voters voting at an election held within the boundaries of the political subdivision if the agreement:
(1) involves the levy by the political subdivision of a tax in an amount sufficient to make payments due under the agreement; and
(2) is executed on or after September 1, 1999.
(b) A political subdivision may sell, lease as a lessee or lessor, or otherwise transfer property in the same manner as the subregional board of a regional transportation authority under Sections 452.108(d) and (e), Transportation Code.
(c) A sale, lease, or other transfer of property under this section must be approved by a majority of the voters voting at an election held within the boundaries of the political subdivision if the agreement:
(1) involves the levy by the political subdivision of a tax in an amount sufficient to make payments due under the agreement; and
(2) is executed on or after September 1, 1999.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.