Texas Tax Code Title 3, Chapter 312 - Property Redevelopment And Tax Abatement Act

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 312.001 - Short Title
  This chapter may be cited as the Property Redevelopment and Tax Abatement Act. Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept....
• Texas Section 312.002 - Eligibility Of Taxing Unit To Participate In Tax Abatement
  (a) A taxing unit may not enter into a tax abatement agreement under this chapter and the governing body of a municipality or county may...
• Texas Section 312.0025 - Designation Of Reinvestment Zone By School District
  (a) Notwithstanding any other provision of this chapter to the contrary, the governing body of a school district, in the manner required for official action...
• Texas Section 312.003 - Confidentiality Of Proprietary Information
  Information that is provided to a taxing unit in connection with an application or request for tax abatement under this chapter and that describes the...
• Texas Section 312.004 - Taxing Unit With Tax Rate Set By Commissioners Court
  (a) The commissioners court of a county that enters into a tax abatement agreement for the county may enter into a tax abatement agreement applicable...
• Texas Section 312.005 - State Administration
  (a) The comptroller shall maintain a central registry of reinvestment zones designated under this chapter and of ad valorem tax abatement agreements executed under this...
• Texas Section 312.006 - Expiration Date
  If not continued in effect, this chapter expires September 1, 2019. Added by Acts 1989, 71st Leg., ch. 1137, Sec. 5, eff. Sept. 1, 1989....

SUBCHAPTER B TAX ABATEMENT IN MUNICIPAL REINVESTMENT ZONE

• Texas Section 312.007 - Deferral Of Commencement Of Abatement Period
  (a) In this section, "abatement period" means the period during which all or a portion of the value of real property or tangible personal property...
• Texas Section 312.201 - Designation Of Reinvestment Zone
  (a) The governing body of a municipality by ordinance may designate as a reinvestment zone an area, or real or personal property the use of...
• Texas Section 312.2011 - Enterprise Zone
  Designation of an area as an enterprise zone under Chapter 2303, Government Code constitutes designation of the area as a reinvestment zone under this subchapter...
• Texas Section 312.202 - Criteria For Reinvestment Zone
  (a) To be designated as a reinvestment zone under this subchapter, an area must: (1) substantially arrest or impair the sound growth of the municipality...
• Texas Section 312.203 - Expiration Of Reinvestment Zone
  The designation of a reinvestment zone for residential or commercial-industrial tax abatement expires five years after the date of the designation and may be renewed...
• Texas Section 312.204 - Municipal Tax Abatement Agreement
  Sec. 312.204. MUNICIPAL TAX ABATEMENT AGREEMENT. (a) The governing body of a municipality eligible to enter into tax abatement agreements under Section 312.002 may agree...
• Texas Section 312.2041 - Notice Of Tax Abatement Agreement To Other Taxing Units
  (a) Not later than the seventh day before the date on which a municipality enters into an agreement under Section 312.204 or 312.211, the governing...
• Texas Section 312.205 - Specific Terms Of Tax Abatement Agreement
  (a) An agreement made under Section 312.204 or 312.211 must: (1) list the kind, number, and location of all proposed improvements of the property; (2)...
• Texas Section 312.206 - Tax Abatement By Other Taxing Units
  (a) If property taxes on property located in the taxing jurisdiction of a municipality are abated under an agreement made under Section 312.204 or 312.211,...
• Texas Section 312.207 - Approval By Governing Body
  (a) To be effective, an agreement made under this subchapter must be approved by the affirmative vote of a majority of the members of the...
• Texas Section 312.208 - Modification Or Termination Of Agreement
  (a) At any time before the expiration of an agreement made under this subchapter, the agreement may be modified by the parties to the agreement...
• Texas Section 312.209 - Application Of Nonseverability Provision
  Section 2, Article 5, Chapter 221, Acts of the 69th Legislature, Regular Session, 1985, applies to the provisions of this subchapter that are derived from...
• Texas Section 312.210 - Agreement By Taxing Units Relating To Property In Certain School Districts
  (a) This section applies only to a tax abatement agreement applicable to property located in a reinvestment zone with respect to which a municipality, county,...

SUBCHAPTER C TAX ABATEMENT IN COUNTY REINVESTMENT ZONE

• Texas Section 312.211 - Agreement By Municipality Relating To Property Subject To Voluntary Cleanup Agreement
  (a) This section applies only to: (1) real property: (A) that is located in a reinvestment zone; (B) that is not in an improvement project...
• Texas Section 312.401 - Designation Of Reinvestment Zone
  (a) The commissioners court of a county eligible to do so under Section 312.002 by order may designate as a reinvestment zone an area of...
• Texas Section 312.4011 - Enterprise Zone
  Designation of an area as an enterprise zone under Chapter 2303, Government Code constitutes designation of the area as a reinvestment zone under this subchapter...
• Texas Section 312.402 - County Tax Abatement Agreement
  (a) The commissioners court may execute a tax abatement agreement with the owner of taxable real property located in a reinvestment zone designated under this...
• Texas Section 312.403 - Tax Abatement Agreement For Nuclear Electric Power Generation Facility In County Reinvestment Zone
  (a) In this section, "nuclear electric power generation" has the meaning assigned by Section 313.024(e). (b) An agreement made under this subchapter with the owner...

Last modified: September 28, 2016