Tax Increment Financing and Abatement

Tex. Government Code § 2310.407, under Chapter 2310. Defense Economic Readjustment Zone.

Tex. Government Code § 2310.407

Sec. 2310.407. TAX INCREMENT FINANCING AND ABATEMENT. Designation of an area as a readjustment zone is also designation of the area as a reinvestment zone for: (1) tax increment financing under Chapter 311, Tax Code; and (2) tax abatement under Chapter 312, Tax Code. Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff. May 19, 1997.