Texas Register, Volume 32, Number 45, Pages 8061-8222, November 9, 2007 Page: 8,105
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school district on the effective date of the agreement, as set out by Tax
Code, 313.022(b) or 313.052.
(d) By official action of the governing body of the school dis-
trict, the agreement may be amended to include in the limitation of
appraised value qualified property that was not specified in the original
agreement, provided that the company reports to the school board, the
comptroller, and to each appraisal district in the same format, style, and
presentation as the original application, all relevant investment, value,
and employment information that is related to the additional property.
An agreement amended as permitted by this title shall:
(1) require that all property added by amendment be di-
rectly related to the economic activity proposed in the filed application;
(2) clearly distinguish the property, investment, and em-
ployment information added by amendment from the property, invest-
ment, and employment information in the original agreement; and
(3) define minimum eligibility requirements for the recipi-
ent of limited value.
(e) An agreement may not be amended to extend the value lim-
itation time period.
9.1056. Tax Credit.
An applicant is entitled to a credit for part of the maintenance and op-
erations property taxes that were paid to a school district for each tax
year during the qualifying time period in an amount that is equal to the
difference between the amount of maintenance and operations tax that
was actually paid on the qualified property and the amount of mainte-
nance and operations tax that would have been paid based on the ap-
praised value limitation to which the school district agreed, provided
that the applicant meets the requirements of Tax Code, Chapter 313,
Subchapter D.
9.1057. Recommendation, Evaluation, and Reports by Comptroller
(a) Recipients of property value limitations shall promptly
submit to the comptroller information that is required to complete the
comptroller's biennial report assessing the progress of each agree-
ment. The comptroller will promulgate a form on which the required
information shall be submitted.
(b) At any time during the application review period, the
comptroller may request information from the school district or appli-
cant that is reasonably necessary to complete the recommendation or
economic impact evaluation. This information may include, but is not
limited to, information from the school district that is related to the
estimated effect of tax base changes on a district's state aid through the
Foundation School Program and information related to local school
facilities' needs. The school district or applicant shall provide the
requested information to the comptroller within 10 working days of the
date of the request. On request of the school district or the applicant,
the comptroller may extend the deadline for providing additional
information for a period of not more than 14 calendar days.
(c) For purposes of the recommendation required by Tax Code,
313.025(d), the 60-day period within which a recommendation must
be submitted begins on the day the comptroller receives a substantially
complete application and other documentation, forwarded pursuant to
9.1054 of this title (relating to Application, Action on Application).
(d) If one or more of the application schedules or the qualify-
ing time period is amended, the comptroller will consider the applica-
tion as a new application only for purposes of issuing the recommenda-
tion required by Tax Code, 313.025(d). If the comptroller receives an
application amended in this manner any time after the 60th day of the
application review period, the time period for submitting the recom-
mendation is extended by a number of days that equals the sum of theremaining days in the application review period plus the difference be-
tween 60 and the number of days of the application review period that
had passed when the amended application was filed with the school
district. The extended time period provided by this subsection shall
match the number of days for which the application review period was
extended as required by 9.1054(h) of this title.
(e) As soon as practicable after receipt, the comptroller will re-
view each forwarded application to determine if the application and ac-
companying documentation is complete. If the review determines that
an application is not substantially complete or is missing documenta-
tion that is material to the comptroller's recommendation or economic
evaluation, the comptroller will promptly notify the school district.
(f) Supplemental application information, amended applica-
tion information, and additional information requested by the comp-
troller shall be promptly forwarded to the comptroller. Additional in-
formation concerning investment, property value, property description,
employment, and the qualifying time period that is not provided to the
comptroller in a timely manner may not be included in the comptrol-
ler's recommendation, economic impact evaluation, or report. Supple-
mental information shall be in the same format, style, and presentation
as the application.
(g) An amended application and all attached documentation
shall immediately be forwarded to the comptroller in the manner spec-
ified in 9.1055(d) of this title (relating to Agreement to Limit Ap-
praised Value).
(h) The comptroller may not consider an application more than
one year after the application's filing date unless the comptroller agrees
to do so in writing.
9.1058. Miscellaneous Provisions.
(a) A recipient of limited value under Tax Code, Chapter 313
shall notify immediately the comptroller, school district, and appraisal
district in writing of any change in address or other contract information
for the owner of the property subject to the limitation agreement for
the purposes of Tax Code, 313.032. An assignee's or its reporting
entity's Texas Taxpayer Identification Number shall be included in the
notification.
(b) Property list by chief appraiser. Before October 1 of each
year, the chief appraiser shall compile and send to the comptroller a
list of properties that are subject to a limitation on appraised value un-
der Tax Code, Chapter 313. The comptroller may promulgate a form
to facilitate the annual collection of this information from appraisal
districts. The market value of each property on the list shall include
separately listed taxable real and personal property owned by a person
at one site. The list shall include, at a minimum, the appraisal district
name, the name of any other appraisal district that appraises the prop-
erty, the appraisal district number that the comptroller has assigned, the
name of each school district that taxes the property, each school district
number that the education agency has assigned, each account number
that the appraisal district has assigned, each taxpayer name, the mar-
ket value of the taxable real and personal property that the taxpayer
owns at that site, any value exempted due to pollution control or other
exemption, the taxable value of the taxable real and personal property
that the taxpayer owns at that site, the tax year to which the listed in-
formation pertains, and the name and telephone number of a person at
the appraisal district who is responsible for the information that is con-
tained in the list.
(c) Changes in property values, population data, or strategic
investment area designations that occur after an agreement is executed
do not affect the job requirements or value limitation in the agreement.PROPOSED RULES November 9, 2007 32 TexReg 8105
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Texas. Secretary of State. Texas Register, Volume 32, Number 45, Pages 8061-8222, November 9, 2007, periodical, November 9, 2007; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth97422/m1/45/?q=music: accessed June 20, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.