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Historical Rule for the Texas Administrative Code

TITLE 34PUBLIC FINANCE
PART 1COMPTROLLER OF PUBLIC ACCOUNTS
CHAPTER 9PROPERTY TAX ADMINISTRATION
SUBCHAPTER FLIMITATION ON APPRAISED VALUE ON CERTAIN QUALIFIED PROPERTIES
RULE §9.1051Definitions

    (B) is not erected or affixed as part of maintenance, renovation, refurbishment, improvement, modification, or upgrade of existing property, nor is newly added or proposed to be added property functionally replacing existing property, provided however that a proposed improvement may be considered a new improvement if it is an addition to an existing building that will contain new tangible personal property that did not exist before the application review start date.

  (25) Per capita income--Per capita money income in the past 12 months as determined by the United States Census Bureau and reported at its website http://quickfacts.census.gov/qfd/states/48000.html.

  (26) Strategic investment area--An area that is:

    (A) a county within this state with unemployment above the state average and per capita income below the state average;

    (B) an area within this state that is a federally designated urban enterprise community or an urban enhanced enterprise community; or

    (C) a defense economic readjustment zone designated under Government Code, Chapter 2310.

  (27) Texas Economic Development Act Agreement--The form, adopted by reference in §9.1052 of this title, which provides a template for the terms of an agreement to implement a limitation on appraised value on property within a school district and that has the title Agreement For Limitation On Appraised Value Of Property For School District Maintenance And Operations Taxes.

  (28) Texas Priority Project--A project on which the applicant commits to place in service qualified investment of more than $1 billion during the qualifying time period, based on the comptroller review of the application submitted by the school district.

  (29) Unemployment--The most recent calendar year unemployment rate, not seasonally adjusted, as determined by the Labor Market & Career Information Department (LMCI) of the Texas Workforce Commission and reported at its website http://www.tracer2.com/cgi/dataanalysis/AreaSelection.asp?tableName=Labforce.


Source Note: The provisions of this §9.1051 adopted to be effective June 22, 2010, 35 TexReg 5352; amended to be effective June 2, 2014, 39 TexReg 4259

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