(a) A municipality that is a member of a subregion of a transportation authority governed by a board described in Subchapter O, Chapter 452, is not eligible to join or become a member of an authority created under this chapter unless:
(1) the municipality holds a withdrawal election in accordance with the requirements of § 452.655 and a majority of the voters at the election approve the withdrawal;
(2) the municipality has paid in full all amounts that it is required to pay under Sections 452.659 and 452.660; and
(3) the comptroller has ceased under § 452.658 to collect sales and use taxes within the municipality that were levied and collected in the municipality for purposes of the authority from which the municipality has withdrawn.
(b) A municipality that is not eligible under this section for membership in an authority created under this chapter may not be added to or join an authority under § 460.302 or 460.303 until the municipality meets the requirements of this section.