Tex. Tax Code § 312.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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 chapter. The chief appraiser of each appraisal district that appraises property for a taxing unit that has designated a reinvestment zone or executed a tax abatement agreement under this chapter shall deliver to the comptroller before July 1 of the year following the year in which the zone is designated or the agreement is executed a report providing the following information:
(1) for a reinvestment zone, a general description of the zone, including its size, the types of property located in it, its duration, and the guidelines and criteria established for the reinvestment zone under Section 312.002, including subsequent amendments and modifications of the guidelines or criteria;
(2) a copy of each tax abatement agreement to which a taxing unit that participates in the appraisal district is a party;
(3) the information described by Section 312.205(a)(1) in connection with each tax abatement agreement described by Subdivision (2) of this subsection; and
(4) any other information required by the comptroller to administer this section.
(a-1) For each of the first three tax years following the expiration of a tax abatement agreement executed under this chapter, the chief appraiser shall deliver to the comptroller a report containing the appraised value of the property that was the subject of the agreement.
(b) The comptroller may provide assistance to a taxing unit on request of its governing body or the presiding officer of its governing body relating to the administration of this chapter. The Texas Department of Commerce and the comptroller may provide technical assistance to a local governing body regarding the designation of reinvestment zones, the adoption of tax abatement guidelines, and the execution of tax abatement agreements.
(c) 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 zones designated under this chapter and on tax abatement agreements adopted under this chapter, including a summary of the information reported under this section.

Tex. Tax Code § 312.005

Acts 2021, 87th Leg., R.S., Ch. 391 (S.B. 1257), Sec. 1, eff. September 1, 2021
Amended by: Acts 2019, 86th Leg., R.S., Ch. 1155 (H.B. 3143), Sec. 2, eff. September 1, 2019
Acts 2001, 77th Leg., ch. 1029, Sec. 2, eff. June 15, 2001
Acts 2001, 77th Leg., ch. 268, Sec. 4, eff. Sept. 1, 2001
Acts 1997, 75th Leg., ch. 1382, Sec. 1, eff. Sept. 1, 1997
Acts 1995, 74th Leg., ch. 995, Sec. 2, eff. Sept. 1, 1995
Amended by Acts 1991, 72nd Leg., 2nd C.S., ch. 6, Sec. 59, eff. Sept. 1, 1991
Added by Acts 1989, 71st Leg., ch. 1137, Sec. 4, eff. Sept. 1, 1989.