The chief appraiser of each appraisal district subject to Section 312.005(a), Tax Code, should complete and submit forms 50-275, 50-276 or 50-277 to report statutorily required information to the Comptroller before July 1 of the year following the year in which a reinvestment zone is designated or a tax abatement agreement is executed.
The chief appraiser in compliance with Section 312.005(a-1), Tax Code, should complete and submit the first annual report on form 50-278 to the Comptroller on or after September 1, 2020. The second and third reports are due by September 1st in the next two subsequent years.
For additional information, contact the Data Analysis and Transparency Division via email or at 844-519-5672, ext. 6-9231.
This information should not be construed as, and is not a substitute for, legal advice.
Property owners and school districts are urged to consult the Attorney General's Economic Development Handbook and their own legal counsel for any questions or interpretations of economic development laws.