85R4772 CJC-D
By: Estes S.B. No. 1026
A BILL TO BE ENTITLED
AN ACT
relating to the method for determining whether a property owner has
created the number of new qualifying jobs required for eligibility
for a limitation on the appraised value of property for school
district maintenance and operations ad valorem tax purposes under
the Texas Economic Development Act.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 313.024(d-2), Tax Code, is repealed.
SECTION 2. The change in law made by this Act applies only
to an application under Chapter 313, Tax Code, that is pending on
the effective date of this Act or is filed on or after that date.
SECTION 3. This Act takes effect September 1, 2017.