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The Robin Hood Plan is a colloquialism given to a provision of Texas Senate Bill 7 (73rd Texas Legislature) (the provision is officially referred to as "recapture"), originally enacted by the U.S. state of Texas in 1993 (and revised frequently since then) to provide equity of school financing within all school districts in the state of Texas.
In 1925 the Texas Legislature reorganized the statutes into three major divisions: the Revised Civil Statutes, Penal Code, and Code of Criminal Procedure. [2] [5] In 1963, the Texas legislature began a major revision of the 1925 Texas statutory classification scheme, and as of 1989 over half of the statutory law had been arranged under the ...
Fifth Ward Community Redevelopment Corporation (also known as Fifth Ward CRC) is a community-based agency located on 4300 Lyons Ave in the Fifth Ward of Houston, TX. The Fifth Ward CRC is a 501(c)(3) non-profit Texas Corporation and is classified as a public charity under sections 509(a)(1) along with 170(b)(1)(A)(vi) of the Internal Revenue Code .
The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning over 880,000 acres (3,600 km 2 ) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas .
The redevelopment in New London, the subject of the Kelo decision, proved to be a failure and as of ten years after the court's decision nothing was built on the taken land despite the expenditure of over $100 million in public funds. The Pfizer corporation, which owned a $300 million research facility in the area, and would have been the ...
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
Texas two-step proponents, like Johnson & Johnson and its lawyers, have argued that Texas two-steps are not inherently bad-faith, and that in the context of mass-tort litigation bankruptcy is fairest way to address large numbers of personal injury claims. Unlike in traditional courts hearing cases brought by many different people, bankruptcies ...
Personal injury trust: A personal injury trust is any form of trust where funds are held by trustees for the benefit of a person who has suffered an injury and funded exclusively by funds derived from payments made in consequence of that injury. Private and public trusts: A private trust has one or more particular individuals as its beneficiary.