Sec. 2303.408. DURATION OF CERTAIN DESIGNATIONS. The bank's designation of the project or activity of a qualified business as an enterprise project is effective until the period approved by the bank under Section 2303.404 regardless of whether the enterprise zone in which the project is located, if any, fails to qualify as an enterprise zone before the expiration of the project.
Added by Acts 1995, 74th Leg., ch. 76, Sec. 5.52(a), eff. Sept. 1, 1995, and Acts 1995, 74th Leg., ch. 985, Sec. 6, eff. Sept. 1, 1995. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.18, eff. Sept. 1, 2003.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2303 - Enterprise Zones
Subchapter F. Qualified Businesses and Enterprise Projects
Section 2303.402. Qualified Business
Section 2303.404. Request for Application for Enterprise Project Designation
Section 2303.405. Application for Enterprise Project Designation
Section 2303.4051. Ordinance or Order for Identification of Local Incentives
Section 2303.4052. Required Information From Nominating Body
Section 2303.406. Enterprise Project Designation
Section 2303.407. Allocation of Jobs Eligible for Tax Refund
Section 2303.4071. Maximum Tax Refund
Section 2303.4072. Enterprise Project Claim for State Benefit