Texas Education Code 48.253 – Additional State Aid for Tax Increment Financing Payments
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(a) For each school year, a school district is entitled to state aid in an amount equal to the amount the district is required to pay into the tax increment fund for a reinvestment zone under § 311.013(n), Tax Code.
(b) A school district shall provide to the agency any agreements, amendments to agreements, or other information required by the agency to implement this section.
Terms Used In Texas Education Code 48.253
- Year: means 12 consecutive months. See Texas Government Code 311.005