Texas Supreme Court

Lower Colorado River Authority v. Chemical Bank. & Trust Company

October 31, 1945144 Tex. 326

Summary

The Texas Supreme Court held that Section 4a of Article 7150, which required Lower Colorado River Authority to make payments in lieu of taxes on property used to generate electric power, is unconstitutional because such payments constitute a tax on public property exempt from taxation under Article XI, Section 9 of the Texas Constitution. The Court affirmed the judgment of the Court of Civil Appeals.