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Current as of January 01, 2024 | Updated by Findlaw Staff
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. (Acts 68th Leg., R.S., Ch. 1081, Sec. 16D(b).)
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 7811.153. Expiration of Reinvestment Zone - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-7811-153/
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