In the recently released November edition of Fiscal Notes, the Comptroller’s office examines the 2001 Texas Economic Development Act, created to give Texas a competitive edge in business location decisions and codified as Chapter 313 of the Texas Tax Code. Chapter 313 allows school districts to temporarily limit a property’s appraised value to encourage business investment within their borders. The property owner agrees to create a certain number of permanent, full-time jobs, called “qualifying jobs,” and […]