Texas § 311.016 ANNUAL REPORT BY MUNICIPALITY OR COUNTY.

Texas Statutes

§ 311.016 — ANNUAL REPORT BY MUNICIPALITY OR COUNTY.

Texas § 311.016

Code TXTax Code

This text of Texas § 311.016 (ANNUAL REPORT BY MUNICIPALITY OR COUNTY.) 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. Tax Code Code Ann. § 311.016 (2026).

Text

Sec. 311.016. 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 muni

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Sec. 311.016. 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.

Legislative 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.