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SB 986, 77th Regular Session
Relating to allowing certain tax abatement agreements to provide for the recapture of lost ad valorem tax revenue if a property owner fails to comply with tax abatement agreement requirements regarding job creation or property value or other agreement requirements.

Last action: Effective immediately

Author: Robert Duncan
Sponsor: Yvonne Davis

Session Law Chapter:
Acts 2001, 77th R.S.,ch. 740, General and Special Laws of Texas

Bill Analyses:
Enrolled (Senate Research Center)
Introduced (Senate Research Center)
Committee Report (Senate Research Center)
Engrossed (Office of House Bill Analysis)
Committee Report (Office of House Bill Analysis)

Subjects:
Economic & Industrial Development--General
REINVESTMENT ZONES
Taxation--City
Taxation--Property-Exemptions

House Committee: Ways & Means (Rene Oliveira, Dennis Bonnen, Tom Craddick, Yvonne Davis, Will Hartnett, Talmadge Heflin, Paul Hilbert, Jim Keffer, Brian McCall, Tom Ramsay, Debbie Riddle, Allan Ritter)
Minutes: May 9 2001
Senate Committee: Intergovernmental Relations (Frank Madla, David Cain, Craig Estes, Jon Lindsay, Florence Shapiro, Todd Staples, Royce West, John Whitmire)
Minutes: April 17 2001

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