DEFERRED ASSESSMENT; ESTIMATE
Known as the Public Improvement District Assessment Act
The act spans §§ 372.001 to 372.030 (36 sections).
Added by Acts 2011, 82nd Leg., R.S., Ch. 970 (H.B. 1400), Sec. 3, eff
If a proposed improvement under Section 372.005 includes a deferred assessment, before holding the hearing required by Section 372.009, the governing body of the municipality or county must estimate:
(1) the appraised value of taxable real property liable for assessment in the district; and
(2) the cost of the improvement.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.