Texas Statutes (Last Updated: January 4, 2014) |
TAX CODE |
Title 3. LOCAL TAXATION |
Subtitle B. SPECIAL PROPERTY TAX PROVISIONS |
Chapter 313. TEXAS ECONOMIC DEVELOPMENT ACT |
Subchapter C. LIMITATION ON APPRAISED VALUE OF PROPERTY IN CERTAIN RURAL SCHOOL DISTRICTS |
Sec. 313.053. MINIMUM AMOUNTS OF QUALIFIED INVESTMENT
Latest version.
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For each category of school district established by Section 313.052, the minimum amount of a qualified investment under Section 313.021(2)(A)(iv)(a) is as follows:
CATEGORY MINIMUM QUALIFIED INVESTMENT I $30 million II $20 million III $10 million IV $5 million V $1 million
Added by Acts 2001, 77th Leg., ch. 1505, Sec. 1, eff. Jan. 1, 2002.