Bill Text: TX SB400 | 2017-2018 | 85th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the verification of information provided to the comptroller and contained in reports on compliance with agreements under the Texas Economic Development Act.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2017-05-17 - Left pending in committee [SB400 Detail]
Download: Texas-2017-SB400-Introduced.html
Bill Title: Relating to the verification of information provided to the comptroller and contained in reports on compliance with agreements under the Texas Economic Development Act.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2017-05-17 - Left pending in committee [SB400 Detail]
Download: Texas-2017-SB400-Introduced.html
| 85R1432 CJC-F | ||
| By: Kolkhorst | S.B. No. 400 | |
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| relating to the verification of information provided to the | ||
| comptroller and contained in reports on compliance with agreements | ||
| under the Texas Economic Development Act. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 313.032(c), Tax Code, is amended to read | ||
| as follows: | ||
| (c) The portion of the report described by Subsection (a)(2) | ||
| must be based on data certified to the comptroller by each recipient | ||
| or former recipient of a limitation on appraised value under this | ||
| chapter. The comptroller shall verify the data using information | ||
| from the Texas Workforce Commission, the chief appraiser of the | ||
| applicable appraisal district, or other sources the comptroller | ||
| considers reliable. | ||
| SECTION 2. This Act takes effect September 1, 2017. | ||
