Tex. Spec. Dist. Local Laws Code § 5002.203 · Subchapter E. RELATIONSHIP WITH MUNICIPALITIES
DESIGNATION OF REINVESTMENT ZONE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Notwithstanding Subchapters B and C, Chapter 312, Tax Code, the district may submit a written request to the commissioners court of a county in which a property owned by the district is located for the commissioners court to designate the property as a reinvestment zone for the purposes of Chapter 312, Tax Code. The commissioners court may designate the property as a reinvestment zone if the commissioners court finds the criteria set forth in Section 312.202, Tax Code, are met for the property as if a municipality in which the property is located were creating the zone.
(b) The commissioners court may execute a tax abatement agreement with the owner of a leasehold interest in tax-exempt real property or property owned by the district located in a reinvestment zone designated under this subchapter to exempt all or a portion of the value of the leasehold interest in the real property. The court may execute a tax abatement agreement with the owners of tangible personal property or an improvement located on tax-exempt real property or property owned by the district that is located in a reinvestment zone designated under this subchapter to exempt all or a portion of the value of the tangible personal property or improvement located on the real property.
(c) The other terms of an agreement entered into under this section are governed by Chapter 312, Tax Code.
Notes and commentary — not statutory text
History
Added by Acts 2023, 88th Leg., R.S., Ch. 785 (H.B. 5336), Sec. 1, eff. June 13, 2023.
Amended by:
Acts 2025, 89th Leg., R.S., Ch. 269 (H.B. 2027), Sec. 1, eff. May 29, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.5002.htm
- Text hash
- sha256 764fed098cd534c285773ddda85ad900c48a61bf37b4766b89a604ba00a6c561
- 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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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.