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Texas Register

TITLE 34	PUBLIC FINANCE
PART 1	COMPTROLLER OF PUBLIC ACCOUNTS
CHAPTER 9	PROPERTY TAX ADMINISTRATION
SUBCHAPTER F	LIMITATION ON APPRAISED VALUE AND TAX CREDITS ON CERTAIN QUALIFIED PROPERTY
RULE §9.1053	Requirements and Restrictions
ISSUE	01/04/2008
ACTION	Final/Adopted

Preamble

Texas Admin Code Rule

(a)Extension of the Application Review Period. If the governing body of a school district with which an owner has filed an application finds that the application review period is insufficient to permit adequate consideration of the application, before the end of the application review period the governing body may extend the application review period for a specified time period.

(b)An extension of the application review period does not extend a time period established by this title.

(c)The school district shall immediately report each extension to the comptroller and each appraisal district that appraises property subject to the extension.

(d)All supplemental and amended information provided to the school district and comptroller shall be in the same format, style, and presentation used in the application and attached documentation.

(e)In addition to meeting each eligibility and qualification requirement set out in this title and Tax Code, Chapter 313, the primary activity of an applicant's project must meet the eligibility criteria provided by Tax Code, §313.024(b)(1) - (7) and the applicant must use the property in connection with an eligible activity described by Tax Code, §313.024(b)(1) - (7).

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 20, 2007

TRD-200706547

Martin Cherry

General Counsel

Comptroller of Public Accounts

Effective date: January 9, 2008

Proposal publication date: November 9, 2007

For further information, please call: (512) 475-0387

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