Tex. Tax Code § 313.003 · Subchapter A. GENERAL PROVISIONS
PURPOSES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The purposes of this chapter are to:
(1) encourage large-scale capital investments in this state;
(2) create new, high-paying jobs in this state;
(3) attract to this state large-scale businesses that are exploring opportunities to locate in other states or other countries;
(4) enable state and local government officials and economic development professionals to compete with other states by authorizing economic development incentives that are comparable to incentives being offered to prospective employers by other states and to provide state and local officials with an effective means to attract large-scale investment;
(5) strengthen and improve the overall performance of the economy of this state;
(6) expand and enlarge the ad valorem tax base of this state; and
(7) enhance this state's economic development efforts by providing state and local officials with an effective economic development tool.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1505, Sec. 1, eff. Jan. 1, 2002.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1304 (H.B. 3390), Sec. 1, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TX/htm/TX.313.htm
- Text hash
- sha256 0762789c33135b16c039d29410078bfd6ba2bc3c3b0584bdd33d1df480ba30a2
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Tax Code § 313.003. Each shows the citation as that text prints it.
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.