Tax Code §311.016

In force on Oct 25, 2016 · this text took effect Jun 17, 2011 · same as today's text

ANNUAL REPORT BY MUNICIPALITY OR COUNTY

(a) On or before the 150th day following the end of the fiscal year of the municipality or county, the governing body of a municipality or county shall submit to the chief executive officer of each taxing unit that levies property taxes on real property in a reinvestment zone created by the municipality or county a report on the status of the zone. The report must include: (1) the amount and source of revenue in the tax increment fund established for the zone; (2) the amount and purpose of expenditures from the fund; (3) the amount of principal and interest due on outstanding bonded indebtedness; (4) the tax increment base and current captured appraised value retained by the zone; and (5) the captured appraised value shared by the municipality or county and other taxing units, the total amount of tax increments received, and any additional information necessary to demonstrate compliance with the tax increment financing plan adopted by the governing body of the municipality or county. (b) The municipality or county shall send a copy of a report made under this section to the comptroller.

History: Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1989, 71st Leg., ch. 2, Sec. 14.06(a), eff. Aug. 28, 1989; Acts 2001, 77th Leg., ch. 471, Sec. 1, eff. June 11, 2001; Acts 2001, 77th Leg., ch. 471, Sec. 2, eff. June 11, 2001. Amended by: Acts 2005, 79th Leg., Ch. 977 (H.B. 1820 ), Sec. 2, eff. June 18, 2005. Acts 2005, 79th Leg., Ch. 1094 (H.B. 2120 ), Sec. 46, eff. September 1, 2005. Acts 2011, 82nd Leg., R.S., Ch. 990 (H.B. 1781 ), Sec. 9, eff. June 17, 2011. Acts 2011, 82nd Leg., R.S., Ch. 1032 (H.B. 2853 ), Sec. 15, eff. June 17, 2011. Acts 2011, 82nd Leg., R.S., Ch. 1032 (H.B. 2853 ), Sec. 16, eff. June 17, 2011.

Source: the Legislature's file server, seen Nov 08, 2026.

Every version on file

Effective Jun 17, 2011 · seen Nov 2026–Nov 2026

Attorney General opinions that cite it

KP-0144 (Oct 25, 2016): Whether the computation of state funding for school districts rece1vmg additional state aid for tax reduction must include local option homestead exemptions that were determined to be authorized in Attorney General Opinion KP-0072 (2016)
KP-0084 (Nov 10, 2015): Questions related to an emergency services district's sales and use tax election that failed to exclude territory where the sales tax was already capped at two percent
GA-0965 (Mar 29, 2012): Transfer of a tax lien pursuant to section 32.06 of the Tax Code, and the items that may be secured by the transferred lien

A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.