85R1432 CJC-F
By: Kolkhorst S.B. No. 400
A BILL TO BE ENTITLED
AN ACT
relating to the verification of information provided to the
comptroller and contained in reports on compliance with agreements
under the Texas Economic Development Act.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 313.032(c), Tax Code, is amended to read
as follows:
(c) The portion of the report described by Subsection (a)(2)
must be based on data certified to the comptroller by each recipient
or former recipient of a limitation on appraised value under this
chapter. The comptroller shall verify the data using information
from the Texas Workforce Commission, the chief appraiser of the
applicable appraisal district, or other sources the comptroller
considers reliable.
SECTION 2. This Act takes effect September 1, 2017.