Texas § 2303.516 MONITORING QUALIFIED BUSINESS OR ENTERPRISE PROJECT COMMITMENTS.

Texas Statutes

§ 2303.516 — MONITORING QUALIFIED BUSINESS OR ENTERPRISE PROJECT COMMITMENTS.

Texas § 2303.516

Code GVGovernment Code

This text of Texas § 2303.516 (MONITORING QUALIFIED BUSINESS OR ENTERPRISE PROJECT COMMITMENTS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 2303.516 (2026).

Text

Sec. 2303.516. MONITORING QUALIFIED BUSINESS OR ENTERPRISE PROJECT COMMITMENTS.

(a)The comptroller may monitor a qualified business or enterprise project to determine whether and to what extent the business or project has followed through on any commitments made by it or on its behalf under this chapter.

(b)The comptroller may determine that the business or project is not entitled to a refund of state taxes under Section 2303.504 if the comptroller finds that:

(1)the business or project is not willing to cooperate with the comptroller in providing the comptroller with the information the comptroller needs to determine the state benefits; or

(2)the business or project has substantially failed to follow through on any commitments made by it or on its behalf under this chapter.

(c)A qual

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Sec. 2303.516. MONITORING QUALIFIED BUSINESS OR ENTERPRISE PROJECT COMMITMENTS. (a) The comptroller may monitor a qualified business or enterprise project to determine whether and to what extent the business or project has followed through on any commitments made by it or on its behalf under this chapter.
(b) The comptroller may determine that the business or project is not entitled to a refund of state taxes under Section 2303.504 if the comptroller finds that:
(1) the business or project is not willing to cooperate with the comptroller in providing the comptroller with the information the comptroller needs to determine the state benefits; or
(2) the business or project has substantially failed to follow through on any commitments made by it or on its behalf under this chapter.
(c) A qualified business may obtain a state benefit, earned through a specific enterprise project designation, on completion of an audit performed by the comptroller that will certify hiring commitments and eligible purchases made by or on behalf of a qualified business under this chapter.

Legislative History

Added by Acts 2001, 77th Leg., ch. 1134, Sec. 1.03, eff. Sept. 1, 2001. Amended by Acts 2003, 78th Leg., ch. 814, Sec. 3.25, eff. Sept. 1, 2003. Amended by: Acts 2007, 80th Leg., R.S., Ch. 1114 (H.B. 3694 ), Sec. 18, eff. June 15, 2007. Acts 2015, 84th Leg., R.S., Ch. 591 (S.B. 100 ), Sec. 10, eff. September 1, 2015.