Sec. 373A.1522. EFFECTIVE DATE OF ZONE  


Latest version.
  • The zone designated by the ordinance adopted under Section 373A.1521 takes effect on the date on which the county adopts a final order:

    (1) agreeing to the creation of the zone, the zone boundaries, and the zone termination date specified by the municipality under Section 373A.1521(1); and

    (2) specifying an amount of tax increment to be deposited by the county into the tax increment fund that is equal to the amount of the tax increment specified by the municipality under Section 373A.1521(3).

Added by Acts 2007, 80th Leg., R.S., Ch. 1175 , Sec. 11, eff. September 1, 2007.