Tex. Spec. Dist. Local Laws Code Section 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.

Source: Section 7811.152 — Criteria for Reinvestment Zone, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­7811.­htm#7811.­152 (accessed Jun. 5, 2024).

7811.001
Definitions 7811.002
Nature of District 7811.003
Findings of Benefit and Public Purpose 7811.004
District Territory 7811.005
Annexation of Land 7811.051
Composition of Board 7811.052
Qualifications and Eligibility for Office 7811.053
Director’s Bond 7811.054
Board Vacancy 7811.055
Board President 7811.056
Secretary’s Duties 7811.057
Treasurer 7811.058
Compensation of Directors 7811.059
Vote Required for Official Board Action 7811.060
Designation of Director to Act on District’s Behalf 7811.061
District Office 7811.062
Records 7811.101
General Powers and Duties 7811.102
Eminent Domain 7811.103
Cost of Relocating or Altering Property 7811.104
Contracts for Facilities and Improvements 7811.105
Prohibited Functions 7811.106
Standards for Road, Street, or Utility Construction 7811.107
Approval of Reclamation Plan, Amendment, or Project 7811.151
Designation of Reinvestment Zone 7811.152
Criteria for Reinvestment Zone 7811.153
Expiration of Reinvestment Zone 7811.154
Tax Abatement Agreement 7811.155
Tax Abatement Agreement: Certificated Air Carrier 7811.156
Tax Abatement Agreement Requirements 7811.157
Notice of Tax Abatement Agreement to Other Taxing Units 7811.158
Modification or Termination of Tax Abatement Agreement 7811.159
Registry of Reinvestment Zones and Tax Abatement Agreements 7811.160
Properties that May Be Included in Tax Abatement Agreement 7811.201
Depository 7811.202
Authority to Issue Bonds and Incur Indebtedness 7811.203
Constituent Municipalities Not Obligated to Pay District Obligations 7811.204
Bond Anticipation Notes 7811.205
Previously Authorized Maintenance Taxes
Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 7811.152’s source at texas​.gov