economy Economic Development

Reinvestment Zone and Abatement Registry Forms

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.

Reinvestment Zone Creation

• Form 50-275, New Reinvestment Zone (PDF), and
• guidelines and criteria established for the reinvestment zone (including any later amendments and modifications).

New Tax Abatement Agreements

• Form 50-276, New Tax Abatement Agreement (PDF), and
• a copy of the tax abatement agreement.

Modified Tax Abatement Agreements

• Form 50-277, Assigned, Modified or Cancelled Tax Abatement Agreement (PDF), and
• a copy of the tax abatement agreement.

Appraised Property Value Post Abatement

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.

• Electronic Form 50-278, Appraised Property Value Post Abatement as per 2019 Legislature, HB3143
• For more information about form 50-278 click here.

When and whether to file an Appraised Property Value Post Abatement Report (Form #50-278)

• The earliest date that the first of the three annual reports may be submitted to the Comptroller's office is Sept. 1, 2020, since the new legislation took effect Sept. 1, 2019.
• Hence, if an abatement expired on Sept. 1, 2019, then the first report can be submitted on Sept. 1, 2020.
• If a local abatement expired on Jan. 1, 2020, the first report is to be submitted on Jan. 1, 2021.
• If your abatement expired BEFORE Sept. 1, 2019, then you DO NOT need to fill out Form 50-278.
• If you have NO abatements, then you DO NOT need to file a report.

Need Help?

For additional information, contact the Data Analysis and Transparency Division via email or at 844-519-5672, ext. 6-9231.

Disclaimer

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.