Texas Special District Local Laws Code - SDLL § 7811.156. Tax Abatement Agreement Requirements

(a) This section applies to an agreement made under Section 7811.154 or 7811.155.

(b) The agreement must:

(c) A tax abatement agreement is not required to contain terms identical to another tax abatement agreement that covers the same exempted property or a portion of that property.

(d) Property that is in a reinvestment zone and that is owned or leased by a director is excluded from property tax abatement.

(e) The agreement may include, at the option of the district, provisions for maps showing existing uses and conditions and proposed improvements and uses of real property in the reinvestment zone.

(f) On approval by the district, the agreement may be executed in the same manner as other contracts made by the district.

(g) The agreement applies only to taxes levied by the district and does not affect other taxing units that levy taxes on property in the district. (Acts 68th Leg., R.S., Ch. 1081, Secs. 16A (part), 16E(b), (c), (e), (f), (g) (part), (h).)