{"data":{"id":"us-tx/tex.-tax-code-313.004","jurisdiction":"us-tx","citation":"Tex. Tax Code § 313.004","heading":"LEGISLATIVE INTENT.","body":"It is the intent of the legislature in enacting this chapter that:\n(1) economic development decisions involving school district taxes should occur at the local level with oversight by the state and should be consistent with identifiable statewide economic development goals;\n(2) this chapter should not be construed or interpreted to allow:\n(A) property owners to pool investments to create sufficiently large investments to qualify for an ad valorem tax benefit provided by this chapter;\n(B) an applicant for an ad valorem tax benefit provided by this chapter to assert that jobs will be eliminated if certain investments are not made if the assertion is not true; or\n(C) an entity not subject to the tax imposed by Chapter 171 to receive an ad valorem tax benefit provided by this chapter;\n(3) in implementing this chapter, school districts should:\n(A) strictly interpret the criteria and selection guidelines provided by this chapter; and\n(B) approve only those applications for an ad valorem tax benefit provided by this chapter that:\n(i) enhance the local community;\n(ii) improve the local public education system;\n(iii) create high-paying jobs; and\n(iv) advance the economic development goals of this state; and\n(4) in implementing this chapter, the comptroller should:\n(A) strictly interpret the criteria and selection guidelines provided by this chapter; and\n(B) issue certificates for limitations on appraised value only for those applications for an ad valorem tax benefit provided by this chapter that:\n(i) create high-paying jobs;\n(ii) provide a net benefit to the state over the long term; and\n(iii) advance the economic development goals of this state.\nAdded by Acts 2001, 77th Leg., ch. 1505, Sec. 1, eff. Jan. 1, 2002.\nAmended by:\nActs 2013, 83rd Leg., R.S., Ch. 1304 (H.B. 3390), Sec. 1, eff. January 1, 2014.","path":["TAX CODE","TITLE 3. LOCAL TAXATION","SUBTITLE B. SPECIAL PROPERTY TAX PROVISIONS","CHAPTER 313. TEXAS ECONOMIC DEVELOPMENT ACT","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TX/htm/TX.313.htm#313.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"a2f4eea399652d7c0e6c1735781fff6d34bb96f975b3d4899c7e2d22b216648b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-tax-code-313.003","next":"us-tx/tex.-tax-code-313.005"},"notice":"GroundRules: Original legal text. Not legal advice."}