Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 10. GENERAL GOVERNMENT |
Subtitle G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS |
Chapter 2303. ENTERPRISE ZONES |
Subchapter F. QUALIFIED BUSINESSES AND ENTERPRISE PROJECTS |
Sec. 2303.4071. MAXIMUM TAX REFUND
Latest version.
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(a) In this section, "double jumbo enterprise project" and "triple jumbo enterprise project" have the meanings assigned by Section 2303.407.
(b) An enterprise project is eligible for a maximum refund of $250,000 in each state fiscal year.
(c) A double jumbo enterprise project is eligible for a maximum refund of $500,000 in each state fiscal year.
(d) A triple jumbo enterprise project is eligible for a maximum refund of $750,000 in each state fiscal year.
Added by Acts 2003, 78th Leg., ch. 814, Sec. 3.17, eff. Sept. 1, 2003.