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A BILL TO BE ENTITLED
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AN ACT
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relating to the method for determining whether a property owner has |
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created the number of new qualifying jobs required for eligibility |
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for a limitation on the appraised value of property for school |
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district maintenance and operations ad valorem tax purposes under |
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the Texas Economic Development Act. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 313.024(d-2), Tax Code, is repealed. |
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SECTION 2. The change in law made by this Act applies only |
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to an application under Chapter 313, Tax Code, that is pending on |
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the effective date of this Act or is filed on or after that date. |
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SECTION 3. This Act takes effect September 1, 2017. |