Sec. 485A.111. PERIOD OF APPROVAL OR DESIGNATION. (a) An area that qualifies under this subchapter may be approved by the office as a media production development zone for a maximum of five years after the date the last qualified media production location was designated within the zone's boundaries.
(b) A location may be designated as a qualified media production location, and may be eligible for the sales and use tax exemption as provided by Section 151.3415, Tax Code, for a maximum of two years.
(c) Except as provided by Section 485A.112, a media production development zone approval and qualified media production location designation remains in effect until September 1 of the final year of the approval or designation, as appropriate.
Added by Acts 2009, 81st Leg., R.S., Ch. 1390 (S.B. 1929), Sec. 1, eff. September 1, 2009.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 485A - Media Production Development Zones
Section 485A.101. Criteria for Media Production Development Zone Recognition
Section 485A.102. Criteria for Qualified Media Production Location Designation
Section 485A.103. Maximum Number of Zones and Locations Throughout State
Section 485A.104. Nomination of Qualified Media Production Location
Section 485A.105. Nominating Ordinance or Order
Section 485A.106. Application for Designation
Section 485A.107. Advisory Committee
Section 485A.108. Review of Application
Section 485A.110. Denial of Application; Notice