reglab/housing_qa huggingface dataset:
TX Tax Code § 204.004 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle I - Severance Taxes|Chapter 204 - Tax Credit for New Field Discoveries|Section 204.004. Tax Credit for Additional Wells in a New Field

Sec. 204.004.  TAX CREDIT FOR ADDITIONAL WELLS IN A NEW FIELD.  Upon the commission notifying the comptroller that 842 discovery wells have been spudded in 1994, persons obtaining a new field discovery during that year shall be eligible for an additional $25,000 tax credit for each additional well spudded and producing from that field, within 10 years from the spud date of the discovery well.  The tax credit is available to persons who obtain a new field discovery regardless of who drills the additional well.|Added by Acts 1993, 73rd Leg., ch. 1014, Sec. 1, eff. Sept. 1, 1993.|
TX Tax Code § 204.005 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle I - Severance Taxes|Chapter 204 - Tax Credit for New Field Discoveries|Section 204.005. Application

Sec. 204.005.  APPLICATION.  To qualify for the tax credit, a person who receives a new field discovery certificate from the commission must apply to the comptroller.  The comptroller shall approve the application of a person who demonstrates eligibility for a tax credit.  The comptroller shall have the power to establish procedures in order to comply with this chapter and may require a person applying for the tax credit to provide any relevant information.  The commission shall immediately notify the comptroller in writing if it determines that the new field designation obtained by the applicant has been revoked or if it discovers any information that affects the tax credit.|Added by Acts 1993, 73rd Leg., ch. 1014, Sec. 1, eff. Sept. 1, 1993.|
TX Tax Code § 204.006 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle I - Severance Taxes|Chapter 204 - Tax Credit for New Field Discoveries|Section 204.006. Applicability of Tax Credit

Sec. 204.006.  APPLICABILITY OF TAX CREDIT.  (a)  Tax credits earned under this chapter may only be applied against the severance taxes imposed by Chapters 201 and 202 of this code.  The tax credit may not be used until September 1, 1995, and may not be used after August 31, 2000.  The tax credit may be applied to either oil or gas severance taxes regardless of the field from which the production originates.(b)  Tax credits provided under this chapter shall only be available if at the time the application for a tax credit is made, the discovery well that is the basis for the tax credit is producing oil or gas from the discovery field.|Added by Acts 1993, 73rd Leg., ch. 1014, Sec. 1, eff. Sept. 1, 1993.|
TX Tax Code § 204.007 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle I - Severance Taxes|Chapter 204 - Tax Credit for New Field Discoveries|Section 204.007. Transferability of Tax Credit

Sec. 204.007.  TRANSFERABILITY OF TAX CREDIT.  The tax credit earned under this chapter is fully transferable.|Added by Acts 1993, 73rd Leg., ch. 1014, Sec. 1, eff. Sept. 1, 1993.|
TX Tax Code § 204.008 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle I - Severance Taxes|Chapter 204 - Tax Credit for New Field Discoveries|Section 204.008. Revocation of New Field Designation

Sec. 204.008.  REVOCATION OF NEW FIELD DESIGNATION.  (a)  If the commission determines that a designated new field is connected with another recognized field, the tax credit provided by this chapter is canceled.(b)  Persons responsible for paying the severance tax will not be liable for any taxes offset by tax credits available under this chapter prior to the date of cancellation unless the tax credits were obtained in violation of this chapter or any rules or orders of the commission.|Added by Acts 1993, 73rd Leg., ch. 1014, Sec. 1, eff. Sept. 1, 1993.|
TX Tax Code § 204.009 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle I - Severance Taxes|Chapter 204 - Tax Credit for New Field Discoveries|Section 204.009. Penalties

Sec. 204.009.  PENALTIES.  (a)  Any person who makes or subscribes any application, report, or other document and submits it to the commission to form the basis for an application for a tax credit under this chapter knowing that the application, report, or other document is false or untrue in a material fact may be subject to the penalties imposed by Chapters 85 and 91, Natural Resources Code.(b)  Upon notice from the commission that the certification for a new field discovery has been revoked, the tax credit may not be applied to oil or gas production sold after the date of notification.  Any person who violates this subsection is liable to the state for a civil penalty if the person applies or attempts to apply the tax credit allowed by this chapter after the certification for new field discovery is revoked.  The amount of the penalty may not exceed the sum of:(1)  $10,000;  and(2)  the difference between the amount of taxes paid or attempted to be paid and the amount of taxes due.(c)  The attorney general may recover a penalty under Subsection (b) in a suit brought on behalf of the state.  Venue for the suit is in Travis County.|Added by Acts 1993, 73rd Leg., ch. 1014, Sec. 1, eff. Sept. 1, 1993.|
TX Tax Code § 204.010 (2021)
2021 Texas Statutes|Tax Code|Title 2 - State Taxation|Subtitle I - Severance Taxes|Chapter 204 - Tax Credit for New Field Discoveries|Section 204.010. Rules and Orders

Sec. 204.010.  RULES AND ORDERS.  The commission has broad discretion in administering this chapter and may adopt and enforce any appropriate rules or orders that the commission finds necessary to administer this chapter.|Added by Acts 1993, 73rd Leg., ch. 1014, Sec. 1, eff. Sept. 1, 1993.|
TX Tax Code § 301.001 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle A - General Taxing Authority and Provisions|Chapter 301 - General Provisions|Section 301.001. Purpose of Title

Sec. 301.001.  PURPOSE OF TITLE.  (a)  This title is enacted as a part of the state's continuing statutory revision program, conducted by the Texas Legislative Council as directed by Section 323.007, Government Code.  The program contemplates a topic-by-topic revision of the state's general and permanent statute law without substantive change.(b)  Consistent with the objectives of the statutory revision program, the purpose of this title is to make the general and permanent state tax laws more accessible and understandable by:(1)  rearranging the statutes into a more logical order;(2)  employing a format and numbering system designed to facilitate citation of the law and to accommodate future expansion of the law;(3)  eliminating repealed, duplicative, unconstitutional, expired, executed, and other ineffective provisions;  and(4)  restating the law in modern American English to the greatest extent possible.|Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.|
TX Tax Code § 301.002 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle A - General Taxing Authority and Provisions|Chapter 301 - General Provisions|Section 301.002. Construction of Code

Sec. 301.002.  CONSTRUCTION OF CODE.  The Code Construction Act (Chapter 311, Government Code) applies to the construction of each provision of this title, except as specifically provided by this title.|Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.|
TX Tax Code § 301.003 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle A - General Taxing Authority and Provisions|Chapter 301 - General Provisions|Section 301.003. Internal References

Sec. 301.003.  INTERNAL REFERENCES.  In this code:(1)  a reference to a title, chapter, or section without further identification is a reference to a title, chapter, or section of this code;  and(2)  a reference to a subtitle, subchapter, subsection, subdivision, paragraph, or other numbered or lettered unit without further identification is a reference to a unit of the next larger unit of this code in which the reference appears.|Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.|
TX Tax Code § 301.004 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle A - General Taxing Authority and Provisions|Chapter 301 - General Provisions|Section 301.004. Telephone Company Exemption

Sec. 301.004.  TELEPHONE COMPANY EXEMPTION.  (a)  A municipality or other political subdivision of this state may not impose an occupation tax or any charge for the privilege of doing business on a telephone company taxed under Chapter 171 of this code.(b)  This section does not:(1)  prohibit the collection by a municipality of a franchise tax in effect on October 31, 1936;(2)  prohibit the collection of ad valorem taxes;  or(3)  affect any contracts made between a municipality and a franchise holder.(c)  In this section, "telephone company" means a person who owns or operates a telephone line or a telephone network in this state, charges for its use, and is regulated by the Public Utility Commission of Texas as a certificated provider of local exchange telephone service.|Added by Acts 1987, 70th Leg., 2nd C.S., ch. 5, art. 3, Sec. 3, eff. Oct. 1, 1988.|
TX Tax Code § 311.001 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle B - Special Property Tax Provisions|Chapter 311 - Tax Increment Financing Act|Section 311.001. Short Title

Sec. 311.001.  SHORT TITLE.  This chapter may be cited as the Tax Increment Financing Act.|Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.|
TX Tax Code § 311.003 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle B - Special Property Tax Provisions|Chapter 311 - Tax Increment Financing Act|Section 311.003. Procedure for Creating Reinvestment Zone

Sec. 311.003.  PROCEDURE FOR CREATING REINVESTMENT ZONE.  (a)  The governing body of a county by order may designate a contiguous geographic area in the county and the governing body of a municipality by ordinance may designate a contiguous or noncontiguous geographic area that is in the corporate limits of the municipality, in the extraterritorial jurisdiction of the municipality, or in both to be a reinvestment zone to promote development or redevelopment of the area if the governing body determines that development or redevelopment would not occur solely through private investment in the reasonably foreseeable future.  The designation of an area that is wholly or partly located in the extraterritorial jurisdiction of a municipality is not affected by a subsequent annexation of real property in the reinvestment zone by the municipality.(b)  Before adopting an ordinance or order designating a reinvestment zone, the governing body of the municipality or county must prepare a preliminary reinvestment zone financing plan.(c)  Before adopting an ordinance or order providing for a reinvestment zone, the municipality or county must hold a public hearing on the creation of the zone and its benefits to the municipality or county and to property in the proposed zone.  At the hearing an interested person may speak for or against the creation of the zone, its boundaries, or the concept of tax increment financing.  Not later than the seventh day before the date of the hearing, notice of the hearing must be published in a newspaper having general circulation in the municipality or county.(d)  A municipality or county proposing to designate a reinvestment zone must provide a reasonable opportunity for the owner of property to protest the inclusion of the property in a proposed reinvestment zone.(e)  Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1032, Sec. 21, eff. June 17, 2011.(f)  Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1032, Sec. 21, eff. June 17, 2011.(g)  Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1032, Sec. 21, eff. June 17, 2011.|Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 1989, 71st Leg., ch. 1137, Sec. 16, eff. Sept. 1, 1989;  Acts 1999, 76th Leg., ch. 983, Sec. 14, eff. June 18, 1999.Amended by: Acts 2005, 79th Leg., Ch. 1094 (H.B. 2120), Sec. 36, eff. September 1, 2005.Acts 2009, 81st Leg., R.S., Ch. 910 (H.B. 1770), Sec. 1, eff. June 19, 2009.Acts 2011, 82nd Leg., R.S., Ch. 1032 (H.B. 2853), Sec. 2, eff. June 17, 2011.Acts 2011, 82nd Leg., R.S., Ch. 1032 (H.B. 2853), Sec. 21, eff. June 17, 2011.|
TX Tax Code § 311.0031 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle B - Special Property Tax Provisions|Chapter 311 - Tax Increment Financing Act|Section 311.0031. Enterprise Zone

Sec. 311.0031. ENTERPRISE ZONE.  Designation of an area under the following other law constitutes designation of the area as a reinvestment zone under this chapter without further hearing or other procedural requirements other than those provided by the other law:(1)  Chapter 2303, Government Code; and(2)  Chapter 373A, Local Government Code.|Added by Acts 1989, 71st Leg., ch. 1106, Sec. 26, eff. Aug. 28, 1989.  Amended by Acts 1995, 74th Leg., ch. 76, Sec. 5.95(22), eff. Sept. 1, 1995.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1175 (H.B. 470), Sec. 16, eff. September 1, 2007.|
TX Tax Code § 311.004 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle B - Special Property Tax Provisions|Chapter 311 - Tax Increment Financing Act|Section 311.004. Contents of Reinvestment Zone Ordinance or Order

Sec. 311.004.  CONTENTS OF REINVESTMENT ZONE ORDINANCE OR ORDER.  (a)  The ordinance or order designating an area as a reinvestment zone must:(1)  describe the boundaries of the zone with sufficient definiteness to identify with ordinary and reasonable certainty the territory included in the zone;(2)  create a board of directors for the zone and specify the number of directors of the board as provided by Section 311.009 or 311.0091, as applicable;(3)  provide that the zone take effect immediately upon passage of the ordinance or order;(4)  provide a date for termination of the zone;(5)  assign a name to the zone for identification, with the first zone created by a municipality or county designated as "Reinvestment Zone Number One, City (or Town, as applicable) of (name of municipality)," or "Reinvestment Zone Number One, (name of county) County," as applicable, and subsequently created zones assigned names in the same form numbered consecutively in the order of their creation;(6)  establish a tax increment fund for the zone; and(7)  contain findings that:(A)  improvements in the zone will significantly enhance the value of all the taxable real property in the zone and will be of general benefit to the municipality or county; and(B)  the area meets the requirements of Section 311.005.(b)  For purposes of complying with Subsection (a)(7)(A), the ordinance or order is not required to identify the specific parcels of real property to be enhanced in value.(c)  To designate a reinvestment zone under Section 311.005(a)(4), the governing body of a municipality or county must specify in the ordinance or order that the reinvestment zone is designated under that section.|Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 1989, 71st Leg., ch. 1137, Sec. 17, eff. Sept. 1, 1989;  Acts 1999, 76th Leg., ch. 983, Sec. 1, eff. June 18, 1999;  Acts 2001, 77th Leg., ch. 1162, Sec. 1, eff. Sept. 1, 2001.Amended by: Acts 2005, 79th Leg., Ch. 1094 (H.B. 2120), Sec. 36, eff. September 1, 2005.Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 14.002, eff. September 1, 2007.|
TX Tax Code § 311.006 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle B - Special Property Tax Provisions|Chapter 311 - Tax Increment Financing Act|Section 311.006. Restrictions on Composition of Reinvestment Zone

Sec. 311.006.  RESTRICTIONS ON COMPOSITION OF REINVESTMENT ZONE.  (a)  A municipality may not designate a reinvestment zone if:(1)  more than 30 percent of the property in the proposed zone, excluding property that is publicly owned, is used for residential purposes; or(2)  the total appraised value of taxable real property in the proposed zone and in existing reinvestment zones exceeds:(A)  25 percent of the total appraised value of taxable real property in the municipality and in the industrial districts created by the municipality, if the municipality has a population of 100,000 or more; or(B)  50 percent of the total appraised value of taxable real property in the municipality and in the industrial districts created by the municipality, if the municipality has a population of less than 100,000.(b)  A municipality may not change the boundaries of an existing reinvestment zone to include property in excess of the restrictions on composition of a zone described by Subsection (a).(c)  Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1032, Sec. 21, eff. June 17, 2011.(d)  For purposes of this section, property is used for residential purposes if it is occupied by a house having fewer than five living units, and the appraised value is determined according to the most recent appraisal rolls of the municipality.(e)  Subsection (a)(1) does not apply to a reinvestment zone designated under Section 311.005(a)(4).|Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 1989, 71st Leg., ch. 1137, Sec. 19, eff. Sept. 1, 1989.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 14.004, eff. September 1, 2007.Acts 2009, 81st Leg., R.S., Ch. 543 (S.B. 1633), Sec. 1, eff. September 1, 2009.Acts 2009, 81st Leg., R.S., Ch. 910 (H.B. 1770), Sec. 2, eff. June 19, 2009.Acts 2011, 82nd Leg., R.S., Ch. 1032 (H.B. 2853), Sec. 4, eff. June 17, 2011.Acts 2011, 82nd Leg., R.S., Ch. 1032 (H.B. 2853), Sec. 21, eff. June 17, 2011.|
TX Tax Code § 311.007 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle B - Special Property Tax Provisions|Chapter 311 - Tax Increment Financing Act|Section 311.007. Changing Boundaries or Term of Existing Zone

Sec. 311.007.  CHANGING BOUNDARIES OR TERM OF EXISTING ZONE.  (a)  Subject to the limitations provided by Section 311.006, if applicable, the boundaries of an existing reinvestment zone may be reduced or enlarged by ordinance or resolution of the governing body of the municipality or by order or resolution of the governing body of the county that created the zone.(b)  The governing body of the municipality or county may enlarge an existing reinvestment zone to include an area described in a petition requesting that the area be included in the zone if the petition is submitted to the governing body of the municipality or county by the owners of property constituting at least 50 percent of the appraised value of the property in the area according to the most recent certified appraisal roll for the county in which the area is located.  The composition of the board of directors of the zone continues to be governed by Section 311.009(a) or (b), whichever applied to the zone immediately before the enlargement of the zone, except that the membership of the board must conform to the requirements of the applicable subsection of Section 311.009 as applied to the zone after its enlargement.  The provision of Section 311.006(b) relating to the amount of property used for residential purposes that may be included in the zone does not apply to the enlargement of a zone under this subsection.(c)  The governing body of the municipality or county that designated a reinvestment zone by ordinance or resolution or by order or resolution, respectively, may extend the term of all or a portion of the zone after notice and hearing in the manner provided for the designation of the zone.  A taxing unit other than the municipality or county that designated the zone is not required to participate in the zone or portion of the zone for the extended term unless the taxing unit enters into a written agreement to do so.|Added by Acts 1987, 70th Leg., ch. 191, Sec. 1, eff. Sept. 1, 1987.  Amended by Acts 1989, 71st Leg., ch. 1137, Sec. 20, eff. Sept. 1, 1989.Amended by: Acts 2005, 79th Leg., Ch. 1094 (H.B. 2120), Sec. 38, eff. September 1, 2005.Acts 2011, 82nd Leg., R.S., Ch. 1032 (H.B. 2853), Sec. 5, eff. June 17, 2011.Acts 2011, 82nd Leg., R.S., Ch. 1032 (H.B. 2853), Sec. 6, eff. June 17, 2011.|
TX Tax Code § 311.0085 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle B - Special Property Tax Provisions|Chapter 311 - Tax Increment Financing Act|Section 311.0085. Power of Certain Municipalities

Sec. 311.0085.  POWER OF CERTAIN MUNICIPALITIES.(a)  This section applies only to a municipality with a population of less than 130,000 as shown by the 2000 federal decennial census that has  territory in three counties.(b)  In this section, "educational facility" has the meaning assigned by Section 311.008.(c)  In addition to exercising the powers described by Section 311.008, a municipality may enter into a new agreement, or amend an existing agreement, with a school district that is located in whole or in part in a reinvestment zone created by the municipality to dedicate revenue from the tax increment fund to the school district for acquiring, constructing, or reconstructing an educational facility located in or outside of the zone.|Added by Acts 2001, 77th Leg., ch. 1133, Sec. 1, eff. Sept. 1, 2001.Amended by: Acts 2009, 81st Leg., R.S., Ch. 38 (H.B. 752), Sec. 1, eff. May 19, 2009.|
TX Tax Code § 311.0087 (2021)
2021 Texas Statutes|Tax Code|Title 3 - Local Taxation|Subtitle B - Special Property Tax Provisions|Chapter 311 - Tax Increment Financing Act|Section 311.0087. Restriction on Powers of Certain Municipalities

Sec. 311.0087.  RESTRICTION ON POWERS OF CERTAIN MUNICIPALITIES.  (a)  This section applies only to a proposed reinvestment zone:(1)  the designation of which is requested in a petition submitted under Section 311.005(a)(4) before July 31, 2004, to the governing body of a home-rule municipality that:(A)  has a population of more than 1.1 million;(B)  is located primarily in a county with a population of 1.5 million or less; and(C)  has created at least 20 reinvestment zones under this chapter; and(2)  that is the subject of a resolution of intent that was adopted before October 31, 2004, by the governing body of the municipality.(b)  If the municipality imposes a fee of more than $25,000 for processing the petition, the municipality may not require a property owner who submitted the petition, as a condition of designating the reinvestment zone or approving a development agreement, interlocal agreement, or project plan for the proposed reinvestment zone:(1)  to waive any rights of the owner under Chapter 245, Local Government Code, or under any agreed order or settlement agreement to which the municipality is a party;(2)  to dedicate more than 20 percent of the owner's land in the area described in the petition as open-space land; or(3)  to use a nonconventional use pattern for a development to be located within the proposed reinvestment zone.|Added by Acts 2005, 79th Leg., Ch. 1347 (S.B. 771), Sec. 3, eff. June 18, 2005.Amended by: Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 14.005, eff. September 1, 2007.|