Tex. Gov't Code § 2310.307 · Subchapter E. QUALIFIED BUSINESSES AND DEFENSE READJUSTMENT PROJECTS
ALLOCATION OF JOBS ELIGIBLE FOR TAX REFUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. May 19, 1997. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.44, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2310.htm
- Text hash
- sha256 e254d366b1542f7d9685f088a193d0a42ace3f7cd9f1b0aa323ed2e4dab90956
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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