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TITLE 13CULTURAL RESOURCES
PART 8TEXAS FILM COMMISSION
CHAPTER 123MEDIA PRODUCTION DEVELOPMENT ZONES
RULE §123.7Economic Impact Analysis

(a) The economic impact analysis shall be conducted at the Requestor's sole expense by an independent economic expert; that is, a person with specialized knowledge, skill, experience, training, or education in the subjects of economics and state and local taxation.

(b) The economic impact analysis shall be presented in the format promulgated by the Comptroller's office and must include:

  (1) an estimate of the amount of revenue to be generated to the state by the project or activity;

  (2) an estimate of any secondary economic benefits to be generated by the project or activity;

  (3) an estimate of the amount of state taxes to be exempted, as provided by Texas Tax Code, §151.3415; and

  (4) any other information required by the Comptroller for purposes of making the certification required by §485A.109(b) of the Act.


Source Note: The provisions of this §123.7 adopted to be effective March 25, 2014, 39 TexReg 2065

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