Texas Government Code Title 10, Chapter 2310 - Defense Economic Readjustment Zone

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 2310.001 - Definitions
  In this chapter: (1) "Bank" means the Texas Economic Development Bank established under Chapter 489. (1-a) "Defense worker" means: (A) an employee of the United...

SUBCHAPTER B DEPARTMENT POWERS AND DUTIES RELATING TO ZONES

• Texas Section 2310.002 - Jurisdiction Of Municipality
  For the purposes of this chapter, territory in the extraterritorial jurisdiction of a municipality is considered to be in the jurisdiction of the municipality. Added...
• Texas Section 2310.051 - General Powers And Duties
  (a) The bank shall administer and monitor the implementation of this chapter. (b) The bank shall establish criteria and procedures for designating a qualified area...
• Texas Section 2310.052 - Evaluation; Report
  (a) The bank shall conduct a continuing evaluation of the programs of readjustment zones. (b) On or before December 1 of each year, the office...
• Texas Section 2310.053 - Assistance
  (a) The bank shall assist: (1) a qualified business in obtaining the benefits of any state incentive or inducement program provided by law; (2) the...

SUBCHAPTER C DESIGNATION OF READJUSTMENT ZONE

• Texas Section 2310.054 - Coordination With Other Governmental Entities
  (a) In cooperation with the appropriate units of local government and other state agencies, the bank shall coordinate and streamline state business assistance programs and...
• Texas Section 2310.101 - Criteria For Readjustment Zone Designation
  (a) To be designated as a readjustment zone an area must: (1) have a continuous boundary; (2) be at least one square mile but not...
• Texas Section 2310.102 - Adversely Affected Defense-dependent Community
  A municipality or county is an adversely affected defense-dependent community if the bank determines that: (1) the municipality or county requires assistance because of: (A)...
• Texas Section 2310.103 - Nomination Of Readjustment Zone
  (a) The governing body of a municipality or county that is an adversely affected defense-dependent community, individually or in combination with other municipalities or counties...
• Texas Section 2310.104 - Nominating Ordinance Or Order
  (a) An ordinance or order nominating an area as a readjustment zone must: (1) describe precisely the area to be included in the zone by...
• Texas Section 2310.105 - Application For Designation
  (a) For an area to be designated as a readjustment zone, the nominating body, after nominating the area as a readjustment zone, must send to...
• Texas Section 2310.106 - Review Of Application
  (a) On receipt of an application for the designation of a readjustment zone, the bank shall review the application to determine if the nominated area...
• Texas Section 2310.107 - Designation Agreement
  (a) If the bank determines that a nominated area for which a designation application has been received satisfies the criteria under Section 2310.101, the bank...
• Texas Section 2310.108 - Denial Of Application; Notice
  (a) The bank may deny an application for the designation of a readjustment zone only if the bank determines that the nominated area does not...
• Texas Section 2310.109 - Period Of Designation
  An area may be designated as a readjustment zone for a maximum of seven years. A designation remains in effect until September 1 of the...
• Texas Section 2310.110 - Amending Boundaries
  (a) The nominating body may amend the boundary of a readjustment zone by ordinance or order, as appropriate, adopted after a public hearing on the...

SUBCHAPTER D ADMINISTRATION OF READJUSTMENT ZONES

• Texas Section 2310.111 - Removal Of Designation
  (a) The bank may remove the designation of an area as a readjustment zone if: (1) the area no longer meets the criteria for designation...
• Texas Section 2310.201 - Administration By Governing Body
  The governing body of a readjustment zone is the governing body of the municipality or county, or the governing bodies of the combination of municipalities...
• Texas Section 2310.202 - Administration By Administrative Authority
  (a) The governing body of a readjustment zone may delegate its administrative duties to an administrative authority appointed by the governing body. (b) An administrative...
• Texas Section 2310.203 - Liaison
  The governing body of a readjustment zone shall designate a liaison to communicate and negotiate with: (1) the bank; (2) the administrative authority, if one...

SUBCHAPTER E QUALIFIED BUSINESSES AND DEFENSE READJUSTMENT PROJECTS

• Texas Section 2310.204 - Annual Report
  (a) Not later than October 1 of each year, the governing body of a readjustment zone shall submit to the bank a report in the...
• Texas Section 2310.301 - Definition
  In this subchapter, "new permanent job" means a new employment position created by a qualified business as described by Section 2310.302 that: (1) has provided...
• Texas Section 2310.302 - Qualified Business
  (a) A person is a qualified business if the bank, for the purpose of state benefits under this chapter, or the governing body of a...
• Texas Section 2310.303 - Prohibition On Qualified Business Certification
  If the bank determines that the governing body of a readjustment zone is not complying with this chapter, the bank shall prohibit the certification of...
• Texas Section 2310.304 - Request For Application For Defense Readjustment Project Designation
  A qualified business in a readjustment zone may request that the governing body of the readjustment zone apply to the bank for designation of the...
• Texas Section 2310.305 - Application For Defense Readjustment Project Designation
  (a) If the governing body of a readjustment zone or the governing body and administrative authority of a readjustment zone, as appropriate, approve a request...
• Texas Section 2310.306 - Defense Readjustment Project Designation
  (a) The bank may designate a qualified business as a defense readjustment project only if the bank determines that: (1) the business is a qualified...
• Texas Section 2310.307 - Allocation Of Jobs Eligible For Tax Refund
  When the bank designates a business as a defense readjustment project, the bank shall allocate to the project the maximum number of new permanent jobs...

SUBCHAPTER F READJUSTMENT ZONE BENEFITS

• Texas Section 2310.308 - Duration Of Certain Designations
  The bank's designation of a qualified business as a defense readjustment project is effective until the fifth anniversary of the date on which the designation...
• Texas Section 2310.401 - Exemptions From State Regulation; Suspension Of Local Regulation
  (a) A state agency may exempt from its regulation a qualified business, qualified employee, or qualified property in a readjustment zone if the exemption is...
• Texas Section 2310.402 - Review Of State Agency Rules; Report
  (a) A state agency by rule may provide, when applicable, encouragements and incentives to increase: (1) the renovation, improvement, or new construction of housing in...
• Texas Section 2310.403 - State Preferences
  (a) A state agency shall give preference to the governing body of a readjustment zone or a qualified business or qualified employee located in a...
• Texas Section 2310.404 - State Tax Refunds And Credits; Report
  (a) Subject to Section 2310.413, a defense readjustment project is eligible for: (1) a refund of state taxes under Section 151.4291, Tax Code; (2) a...
• Texas Section 2310.405 - Local Sales And Use Tax Refunds
  (a) To encourage the development of areas designated as readjustment zones, the governing body of a municipality through a program may refund its local sales...
• Texas Section 2310.406 - Reduction Or Elimination Of Local Fees Or Taxes
  (a) To promote the public health, safety, or welfare, the governing body of a municipality or county through a program may reduce or eliminate fees...
• Texas Section 2310.407 - Tax Increment Financing And Abatement
  Designation of an area as a readjustment zone is also designation of the area as a reinvestment zone for: (1) tax increment financing under Chapter...
• Texas Section 2310.408 - Development Bonds
  To finance a project in a readjustment zone, bonds may be issued under: (1) Chapter 1433; or (2) the Development Corporation Act (Subtitle C1, Title...
• Texas Section 2310.409 - Other Local Incentives
  (a) The governing body of a municipality or county that is the governing body of a readjustment zone may: (1) defer compliance in the zone...
• Texas Section 2310.410 - Disposition Of Public Property In Readjustment Zone
  (a) After an area is designated as a readjustment zone, the state, a municipality, or a county that owns a surplus building (including any structure)...
• Texas Section 2310.411 - Waiver Of Performance Bond
  A subcontractor is not required to execute a performance bond under Chapter 2253 if: (1) the construction, alteration, repair, or other public work to be...
• Texas Section 2310.412 - Liability Of Contractor Or Architect
  A contractor or architect who constructs or rehabilitates a building in a readjustment zone is liable for any structural defect in the building only for...
• Texas Section 2310.413 - Monitoring Defense Readjustment Project Commitments
  (a) The bank may monitor a defense readjustment project to determine whether and to what extent the project has followed through on any commitments made...

Last modified: September 28, 2016