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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) For each school year, a school district is entitled to state aid in an amount equal to the amount the district is required to pay into the tax increment fund for a reinvestment zone under Section 311.013(n), Tax Code.
(b) A school district shall provide to the agency any agreements, amendments to agreements, or other information required by the agency to implement this section.
Cite this article: FindLaw.com - Texas Education Code - EDUC § 48.253. Additional State Aid for Tax Increment Financing Payments - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-48-253/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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