Sec. 7811.153. EXPIRATION OF REINVESTMENT ZONE. The designation of a reinvestment zone for commercial-industrial or residential tax abatement expires five years after the date of the designation and may be renewed for periods not to exceed five years. The expiration of the designation does not affect an existing tax abatement agreement governed by this subchapter.
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