Sec. 361.905. TAX ABATEMENT AGREEMENT INCENTIVES  


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  • Subject to the requirements of Subchapter C, Chapter 312, Tax Code, a county may designate an area of the county that contains a brownfield as a reinvestment zone and enter into a tax abatement agreement based on the remediation of the brownfield with the eligible owner of the brownfield.

Added by Acts 2005, 79th Leg., Ch. 379 , Sec. 2, eff. September 1, 2005.