Texas Tax Code Title 3, Chapter 311 - Tax Increment Financing Act

• Texas Section 311.001 - Short Title
  This chapter may be cited as the Tax Increment Financing Act. Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.
• Texas Section 311.002 - Definitions
  In this chapter: (1) "Project costs" means the expenditures made or estimated to be made and monetary obligations incurred or estimated to be incurred by...
• Texas Section 311.003 - Procedure For Creating Reinvestment Zone
  (a) The governing body of a county by order may designate a contiguous geographic area in the county and the governing body of a municipality...
• Texas Section 311.0031 - Enterprise Zone
  Designation of an area under the following other law constitutes designation of the area as a reinvestment zone under this chapter without further hearing or...
• Texas Section 311.004 - Contents Of Reinvestment Zone Ordinance Or Order
  (a) The ordinance or order designating an area as a reinvestment zone must: (1) describe the boundaries of the zone with sufficient definiteness to identify...
• Texas Section 311.005 - Criteria For Reinvestment Zone
  (a) To be designated as a reinvestment zone, an area must: (1) substantially arrest or impair the sound growth of the municipality or county designating...
• Texas Section 311.006 - Restrictions On Composition Of Reinvestment Zone
  (a) A municipality may not designate a reinvestment zone if: (1) more than 30 percent of the property in the proposed zone, excluding property that...
• Texas Section 311.007 - Changing Boundaries Or Term Of Existing Zone
  (a) Subject to the limitations provided by Section 311.006, if applicable, the boundaries of an existing reinvestment zone may be reduced or enlarged by ordinance...
• Texas Section 311.008 - Powers Of Municipality Or County
  (a) In this section, "educational facility" includes equipment, real property, and other facilities, including a public school building, that are used or intended to be...
• Texas Section 311.0085 - Power Of Certain Municipalities
  (a) This section applies only to a municipality with a population of less than 130,000 as shown by the 2000 federal decennial census that has...
• Texas Section 311.0087 - Restriction On Powers Of Certain Municipalities
  (a) This section applies only to a proposed reinvestment zone: (1) the designation of which is requested in a petition submitted under Section 311.005(a)(4) before...
• Texas Section 311.009 - Composition Of Board Of Directors
  (a) Except as provided by Subsection (b), the board of directors of a reinvestment zone consists of at least five and not more than 15...
• Texas Section 311.0091 - Composition Of Board Of Directors Of Certain Reinvestment Zones
  (a) This section applies to a reinvestment zone designated by a municipality which is wholly or partially located in a county with a population of...
• Texas Section 311.010 - Powers And Duties Of Board Of Directors
  (a) The board of directors of a reinvestment zone shall make recommendations to the governing body of the municipality or county that created the zone...
• Texas Section 311.01005 - Costs Associated With Transportation Or Transit Projects
  (a) In this section: (1) "Bus rapid transit project" means a mass transportation facility designed to give preferential treatment to buses on a roadway in...
• Texas Section 311.0101 - Participation Of Disadvantaged Businesses In Certain Zones
  (a) It is the goal of the legislature, subject to the constitutional requirements spelled out by the United States Supreme Court in J. A. Croson...
• Texas Section 311.011 - Project And Financing Plans
  (a) The board of directors of a reinvestment zone shall prepare and adopt a project plan and a reinvestment zone financing plan for the zone...
• Texas Section 311.012 - Determination Of Amount Of Tax Increment
  (a) The amount of a taxing unit's tax increment for a year is the amount of property taxes levied and assessed by the unit for...
• Texas Section 311.0123 - Sales Tax Increment
  (a) In this section, "sales tax base" for a reinvestment zone means the amount of municipal sales and use taxes attributable to the zone for...
• Texas Section 311.0125 - Tax Abatement Agreements
  (a) Notwithstanding any provision in this chapter to the contrary, a taxing unit other than a school district may enter into a tax abatement agreement...
• Texas Section 311.013 - Collection And Deposit Of Tax Increments
  (a) Each taxing unit that taxes real property located in a reinvestment zone shall provide for the collection of its taxes in the zone as...
• Texas Section 311.014 - Tax Increment Fund
  (a) In addition to the deposits required by Section 311.013, all revenues from the sale of tax increment bonds or notes, revenues from the sale...
• Texas Section 311.015 - Tax Increment Bonds And Notes
  (a) A municipality designating a reinvestment zone may issue tax increment bonds or notes, the proceeds of which may be used to make payments pursuant...
• Texas Section 311.016 - Annual Report By Municipality Or County
  (a) On or before the 150th day following the end of the fiscal year of the municipality or county, the governing body of a municipality...
• Texas Section 311.0163 - Annual Report By Comptroller
  (a) Not later than December 31 of each even-numbered year, the comptroller shall submit a report to the legislature and to the governor on reinvestment...
• Texas Section 311.017 - Termination Of Reinvestment Zone
  (a) A reinvestment zone terminates on the earlier of: (1) the termination date designated in the ordinance or order, as applicable, designating the zone or...
• Texas Section 311.018 - Conflicts With Municipal Charter
  To the extent of a conflict between this chapter and a municipal charter, this chapter controls. Added by Acts 1999, 76th Leg., ch. 983, Sec....
• Texas Section 311.019 - Central Registry
  (a) The comptroller shall maintain a central registry of: (1) reinvestment zones designated under this chapter; (2) project plans and reinvestment zone financing plans adopted...
• Texas Section 311.020 - State Assistance
  (a) On request of the governing body of a municipality or county or of the presiding officer of the governing body, the comptroller may provide...
• Texas Section 311.021 - Act Or Proceeding Presumed Valid
  (a) A governmental act or proceeding of a municipality or county, the board of directors of a reinvestment zone, or an entity acting under Section...

Last modified: September 28, 2016