Texas Statutes
Chapter 26 - Assessment
Section 26.03. Treatment of Captured Appraised Value and Tax Increment

Sec. 26.03. TREATMENT OF CAPTURED APPRAISED VALUE AND TAX INCREMENT. (a) In this section, "captured appraised value," "reinvestment zone," "tax increment," and "tax increment fund" have the meanings assigned by Chapter 311.
(b) This section does not apply to a school district.
(c) The portion of the captured appraised value of real property taxable by a taxing unit that corresponds to the portion of the tax increment of the unit from that property that the unit has agreed to pay into the tax increment fund for a reinvestment zone and that is not included in the calculation of "new property value" as defined by Section 26.012 is excluded from the value of property taxable by the unit in any tax rate calculation under this chapter.
(d) The portion of the tax increment of a taxing unit that the unit has agreed to pay into the tax increment fund for a reinvestment zone is excluded from the amount of taxes imposed or collected by the unit in any tax rate calculation under this chapter, except that the portion of the tax increment is not excluded if in the same tax rate calculation there is no portion of captured appraised value excluded from the value of property taxable by the unit under Subsection (c) for the same reinvestment zone.
Added by Acts 2001, 77th Leg., ch. 503, Sec. 1, eff. Sept. 1, 2001. Amended by Acts 2003, 78th Leg., ch. 150, Sec. 1, eff. Jan. 1, 2004; Acts 2003, 78th Leg., ch. 426, Sec. 1, eff. Jan. 1, 2004.

Structure Texas Statutes

Texas Statutes

Tax Code

Title 1 - Property Tax Code

Subtitle D - Appraisal and Assessment

Chapter 26 - Assessment

Section 26.01. Submission of Rolls to Taxing Units

Section 26.012. Definitions

Section 26.013. Unused Increment Rate

Section 26.02. Assessment Ratios Prohibited

Section 26.03. Treatment of Captured Appraised Value and Tax Increment

Section 26.04. Submission of Roll to Governing Body; No-New-Revenue and Voter-Approval Tax Rates

Section 26.041. Tax Rate of Unit Imposing Additional Sales and Use Tax

Section 26.042. Calculation and Adoption of Certain Tax Rates in Disaster Area

Section 26.043. Voter-Approval and No-New-Revenue Tax Rates in City Imposing Mass Transit Sales and Use Tax

Section 26.044. No-New-Revenue Tax Rate to Pay for State Criminal Justice Mandate

Section 26.0441. Tax Rate Adjustment for Indigent Health Care

Section 26.0442. Tax Rate Adjustment for County Indigent Defense Compensation Expenditures

Section 26.0443. Tax Rate Adjustment for Eligible County Hospital Expenditures

Section 26.0444. Tax Rate Adjustment for Defunding Municipality

Section 26.045. Voter-Approval Tax Rate Relief for Pollution Control Requirements

Section 26.05. Tax Rate

Section 26.0501. Limitation on Tax Rate of Defunding Municipality

Section 26.052. Simplified Tax Rate Notice for Taxing Units With Low Tax Levies

Section 26.06. Notice, Hearing, and Vote on Tax Increase

Section 26.061. Notice of Meeting to Vote on Proposed Tax Rate That Does Not Exceed Lower of No-New-Revenue or Voter-Approval Tax Rate

Section 26.062. Additional Information to Be Included in Tax Rate Notice

Section 26.063. Alternate Provisions for Tax Rate Notice When De Minimis Rate Exceeds Voter-Approval Tax Rate

Section 26.065. Supplemental Notice of Hearing on Tax Rate Increase

Section 26.07. Automatic Election to Approve Tax Rate of Taxing Unit Other Than School District

Section 26.075. Petition Election to Reduce Tax Rate of Taxing Unit Other Than School District

Section 26.08. Automatic Election to Approve Tax Rate of School District

Section 26.081. Petition Signatures

Section 26.085. Election to Limit Dedication of School Funds to Junior College

Section 26.09. Calculation of Tax

Section 26.10. Prorating Taxes--Loss of Exemption

Section 26.11. Prorating Taxes--Acquisition by Government

Section 26.111. Prorating Taxes--Acquisition by Charitable Organization

Section 26.1115. Calculation of Taxes on Residence Homestead Generally

Section 26.112. Calculation of Taxes on Residence Homestead of Certain Persons

Section 26.1125. Calculation of Taxes on Residence Homestead of 100 Percent or Totally Disabled Veteran

Section 26.1127. Calculation of Taxes on Donated Residence Homestead of Disabled Veteran or Surviving Spouse of Disabled Veteran

Section 26.113. Prorating Taxes--Acquisition by Nonprofit Organization

Section 26.12. Units Created During Tax Year

Section 26.13. Taxing Unit Consolidation During Tax Year

Section 26.135. Tax Dates for Certain School Districts

Section 26.14. Annexation of Property During Tax Year

Section 26.15. Correction of Tax Roll

Section 26.151. Escrow Account for Property Taxes

Section 26.16. Posting of Tax-Related Information on County's Internet Website

Section 26.17. Database of Property-Tax-Related Information

Section 26.175. Property Tax Database Locator Website

Section 26.18. Posting of Tax Rate and Budget Information by Taxing Unit on Website