TAX INCREMENT REINVESTMENT ZONES.
Tex. SPEC. DIST. LOCAL LAWS Code § 3834.112.
in effect(a) The district is authorized to establish and implement tax increment reinvestment zones as provided in Chapter 311 , Tax Code, in the same manner as a municipality.
(b) All or any part of the district may be included in a tax increment reinvestment zone, regardless of the percentage of total value the land represents to the district as a whole, or whether the land is used for residential purposes.
(c) Section 311.006 , Tax Code, does not apply to a reinvestment zone that contains land within the district.
Added by Acts 2009, 81st Leg., R.S., Ch. 1082 (H.B. 4771 ), Sec. 1, eff. June 19, 2009.
SUBCHAPTER D. FINANCIAL PROVISIONS
