Designation of an area as a readjustment zone is also designation of the area as a reinvestment zone for:
(1) tax increment financing under Chapter 311, Tax Code; and
(2) tax abatement under Chapter 312, Tax Code.
Tex. Gov't Code § 2310.407
TAX INCREMENT FINANCING AND ABATEMENT
Added by Acts 1997, 75th Leg., ch. 114, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.