Texas Property Tax Code
2006 Edition
Texas Comptroller of Public Accounts
The Texas Property Tax Code (TPTC) contains statues regulating the assessment, taxation, exemptions, appeal options, hearing procedures for Texas property tax appeals, judicial appeals for Texas property taxes, timely payment of Texas property taxes, and penalties for late payment of property taxes. The TPTC covers all counties in Texas and does not vary from county to county. Each county has an appraisal district which estimates the market value (assessed value) for real and personal property in the county.
Articles on appealing your property taxes and obtaining exemptions are available in this site. This and the preceding paragraph were prepared by O’Connor & Associates and the Texas Property Tax Code is determined by the legislature and compiled by the Texas Comptroller.
Note: Please follow the links at the beginning or end of this chapter to return to either the previous chapter or to proceed to the next chapter or to the Table or Contents.
Chapter 313B | Table of Contents | Chapter 313D 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. 313.051. Applicability.
Sec. 313.052. Categorization of School Districts.
Sec. 313.053. Minimum Amounts of Qualified Investment.
Sec. 313.054. Limitation on Appraised Value.
[Sections 313.055‑313.100 reserved for expansion]
Sec. 313.051. Applicability.
(a) This subchapter applies only to a school district that has territory in a strategic investment area, as defined by Section 171.721, Tax Code, or in a county:
(1) that has a population of less than 50,000;
(2) that is not partially or wholly located in a metropolitan statistical area; and
(3) in which, from 1990 to 2000, according to the federal decennial census, the population:
(A) remained the same;
(B) decreased; or
(C) increased, but at a rate of not more than three percent per annum.
(b) The governing body of a school district to which this subchapter applies may enter into an agreement in the same manner as a school district to which Subchapter B applies may do so under Subchapter B, subject to Sections 313.052‑313.054. Except as otherwise provided by this subchapter, the provisions of Subchapter B apply to a school district to which this subchapter applies. For purposes of this subchapter, a property owner is required to create only at least 10 new jobs on the owner's qualified property. At least 80 percent of all the new jobs created must be qualifying jobs as defined by Section 313.021(3).
Added by 2001 Tex. Laws, p. 5067, ch. 1505, Sec. 1.
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Sec. 313.052. Categorization of School Districts.
For purposes of determining the required minimum amount of a qualified investment under Section 313.021(2)(A)(iv)(a) and the minimum amount of a limitation on appraised value under this subchapter, school districts to which this subchapter applies are categorized according to the taxable value of industrial property in the district for the preceding tax year determined under Subchapter M, Chapter 403, Government Code, as follows:
Added by 2001 Tex. Laws, p. 5067, ch. 1505, Sec. 1.
Sec. 313.053. Minimum Amounts of Qualified Investment.
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:
Added by 2001 Tex. Laws, p. 5067, ch. 1505, Sec. 1.
Sec. 313.054. Limitation on Appraised Value.
(a) For a school district to which this subchapter applies, the amount agreed to by the governing body of the district under Section 313.027(a)(2) must be an amount in accordance with the following, according to the category established by Section 313.052 to which the school district belongs:
(b) The limitation amounts listed in Subsection (a) are minimum amounts. A school district, regardless of category, may agree to a greater amount than those amounts.
Added by 2001 Tex. Laws, p. 5067, ch. 1505, Sec. 1.
[Sections 313.055‑313.100 reserved for expansion]
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Chapter 313B | Table of Contents | Chapter 313D
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