Sec. 7811.152. CRITERIA FOR REINVESTMENT ZONE. To be designated as a reinvestment zone under this subchapter, an area must be reasonably likely as a result of the designation to contribute to the retention or expansion of primary employment or to attract major investment in the zone that would be a benefit to the property and that would contribute to the economic development of the district.
Added by Acts 2017, 85th Leg., R.S., Ch. 869 (H.B. 2803), Sec. 1.03, eff. April 1, 2019.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle E - Levee Improvement Districts
Chapter 7811 - Dallas County Flood Control District No. 1
Subchapter D. Tax Abatement in Reinvestment Zone
Section 7811.151. Designation of Reinvestment Zone
Section 7811.152. Criteria for Reinvestment Zone
Section 7811.153. Expiration of Reinvestment Zone
Section 7811.154. Tax Abatement Agreement
Section 7811.155. Tax Abatement Agreement: Certificated Air Carrier
Section 7811.156. Tax Abatement Agreement Requirements
Section 7811.157. Notice of Tax Abatement Agreement to Other Taxing Units
Section 7811.158. Modification or Termination of Tax Abatement Agreement
Section 7811.160. Properties That May Be Included in Tax Abatement Agreement