Sec. 49.009. TAX ABATEMENTS. (a) A tax abatement agreement executed by a school district that is involved in consolidation or in detachment and annexation of territory under this chapter is not affected and applies to the taxation of the property covered by the agreement as if executed by the district within which the property is included.
(b) The commissioner shall determine the local revenue of a school district under this chapter as if any tax abatement agreement executed by a school district on or after May 31, 1993, had not been executed.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Transferred, redesignated and amended from Education Code, Section 41.009 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.049, eff. September 1, 2019.
Structure Texas Statutes
Subtitle I - School Finance and Fiscal Management
Chapter 49 - Options for Local Revenue Levels in Excess of Entitlement
Subchapter A. General Provisions
Section 49.002. Options to Reduce Local Revenue Level
Section 49.003. Inclusion of Attendance Credit and Nonresidents in Weighted Average Daily Attendance
Section 49.004. Annual Review of Local Revenues
Section 49.0041. Local Revenue Level in Excess of Entitlement After Review Notification
Section 49.005. Comptroller and Appraisal District Cooperation
Section 49.007. Commissioner to Approve Subsequent Boundary Changes
Section 49.008. Homestead Exemptions
Section 49.009. Tax Abatements
Section 49.010. Tax Increment Obligations