Reinvestment Zones (Texas)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place Texas


Applies to States or Provinces Texas
Name Reinvestment Zones (Texas)
Policy Category Financial Incentive
Policy Type Enterprise Zone
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector Local















Primary Website http://www.texasahead.org/tax_programs/chapter312/forms.php


Last Review 2014-08-13
Last Substantive Modification
to Summary
2014-08-13
Information Source http://www.statutes.legis.state.tx.us/Docs/TX/htm/TX.312.htm


Summary

Reinvestment Zones a local economic development tool used by municipalities and counties throughout the state of Texas. These zones can be created for the purpose of granting local businesses ad valorem property tax abatements on a portion of the value of real and/or tangible personal property located in the zone, for a period of up to 10 years.


Policy Contact

Contact Name Patricia Bailer
Department Window on State Government
Division Property Tax DIvision



Phone 1-800-252-9121 ext. 3-4416
Phone 2 512-463-4416
Email patricia.bailey@cpa.state.tx.us


Authorities (Please contact the if there are any file problems.)

Authority 1: Reinvestment Zone for Tax Abatement Registry
Date Effective 2000

















References