Tex. Gov't Code § 2310.307

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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 or retained jobs eligible to be included in a computation of a tax refund for the project. The number may not exceed 500 or a number equal to 110 percent of the number of anticipated new permanent jobs or retained jobs specified in the application for designation of the business as a defense readjustment project under Section 2310.305, whichever is less.

Tex. Gov't. Code § 2310.307

Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.44, eff. 9/1/2003.
Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. 5/19/1997.