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Texas Statutes (Last Updated: January 4, 2014) |
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TAX CODE |
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Title 3. LOCAL TAXATION |
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Subtitle B. SPECIAL PROPERTY TAX PROVISIONS |
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Chapter 313. TEXAS ECONOMIC DEVELOPMENT ACT |
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Subchapter A. GENERAL PROVISIONS |
Sec. 313.008. REPORT ON COMPLIANCE WITH ENERGY-RELATED AGREEMENTS
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(a) Before the beginning of each regular session of the legislature, the comptroller shall submit to the lieutenant governor, the speaker of the house of representatives, and each member of the legislature a report assessing the progress of each agreement entered into under this chapter utilizing data certified by agreement recipients, on each agreement entered into under this chapter involving energy-related projects, including wind generation, ethanol production, liquefied natural gas terminals, low sulfur diesel production, refinery cogeneration, and nuclear energy production. The report must state for each agreement:
(1) the number of qualifying jobs each recipient of a limitation on appraised value committed to create;
(2) the number of qualifying jobs each recipient created;
(3) the median wage of the new jobs each recipient created;
(4) the amount of the qualified investment each recipient committed to expend or allocate per project;
(5) the amount of the qualified investment each recipient expended or allocated per project;
(6) the market value of the qualified property of each recipient as established by the local appraiser;
(7) the limitation on appraised value for the qualified property of each recipient;
(8) the dollar amount of the ad valorem taxes that would have been imposed on the market value of the qualified property;
(9) the dollar amount of the ad valorem taxes imposed on the qualified property;
(10) the number of new jobs created by each recipient in each sector of the North American Industry Classification System (NAICS); and
(11) of the number of new jobs each recipient created, the number of positions created that provide health benefits for employees.
(b) The report may not include information that is made confidential by law.
(c) The comptroller may require a recipient to submit, on a form provided by the comptroller, information required to complete the report.