Bill Text: TX HB4460 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to certain requirements regarding the creation of qualifying jobs for the purpose of eligibility for a limitation on appraised value of property for ad valorem tax purposes under the Texas Economic Development Act.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2021-03-29 - Referred to Ways & Means [HB4460 Detail]
Download: Texas-2021-HB4460-Introduced.html
87R4528 SMT-D | ||
By: Deshotel | H.B. No. 4460 |
|
||
|
||
relating to certain requirements regarding the creation of | ||
qualifying jobs for the purpose of eligibility for a limitation on | ||
appraised value of property for ad valorem tax purposes under the | ||
Texas Economic Development Act. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 313.021, Tax Code, is amended by adding | ||
Subdivision (6) to read as follows: | ||
(6) "Registered apprenticeship" means an | ||
apprenticeship offered in connection with an apprenticeship | ||
program registered with the United States Department of Labor. | ||
SECTION 2. Sections 313.025(a) and (f-1), Tax Code, are | ||
amended to read as follows: | ||
(a) The owner or lessee of, or the holder of another | ||
possessory interest in, any qualified property described by Section | ||
313.021(2)(A), (B), or (C) may apply to the governing body of the | ||
school district in which the property is located for a limitation on | ||
the appraised value for school district maintenance and operations | ||
ad valorem tax purposes of the person's qualified property. An | ||
application must be made on the form prescribed by the comptroller | ||
and include the information required by the comptroller, and it | ||
must be accompanied by: | ||
(1) the application fee established by the governing | ||
body of the school district; | ||
(2) information sufficient to show that the real and | ||
personal property identified in the application as qualified | ||
property meets the applicable criteria established by Section | ||
313.021(2); [ |
||
(3) any information required by the comptroller for | ||
the purposes of Section 313.026; and | ||
(4) a list of each job that the applicant estimates | ||
will be created in connection with the project, regardless of | ||
whether the job is a qualifying job. | ||
(f-1) Notwithstanding any other provision of this chapter | ||
to the contrary, including Section 313.003(2) or 313.004(3)(A) or | ||
(B)(iii), the governing body of a school district may agree to | ||
consider a registered apprenticeship to be a qualifying job for | ||
purposes of [ |
||
313.021(2)(A)(iv)(b) or 313.051(b) and approve an application if | ||
the governing body makes a finding that the jobs creation | ||
requirement exceeds the industry standard for the number of | ||
employees reasonably necessary for the operation of the facility of | ||
the property owner that is described in the application. | ||
SECTION 3. Section 313.0276, Tax Code, is amended by adding | ||
Subsection (f-1) to read as follows: | ||
(f-1) A registered apprenticeship is considered for | ||
purposes of this section to be a qualifying job if the governing | ||
body of the school district agrees to consider a registered | ||
apprenticeship to be a qualifying job under Section 313.025(f-1). | ||
SECTION 4. Section 313.033, Tax Code, is amended to read as | ||
follows: | ||
Sec. 313.033. REPORT ON COMPLIANCE WITH JOB-CREATION | ||
REQUIREMENTS. (a) Each recipient of a limitation on appraised value | ||
under this chapter shall submit to the comptroller, the governing | ||
body of the school district in which the property is located, and | ||
the governing body of each municipality in which the property is | ||
located, if applicable, an annual report on a form provided by the | ||
comptroller that provides information sufficient to document the | ||
number of qualifying jobs created. | ||
(b) The recipient of a limitation on appraised value under | ||
this chapter shall contract with an independent auditor to verify | ||
the information submitted to the comptroller under this section. | ||
(c) The governing body of a school district shall designate | ||
a member of the governing body or an employee of the district to | ||
review a report received under this section. | ||
SECTION 5. (a) Sections 313.021, 313.025, and 313.0276, Tax | ||
Code, as amended by this Act, apply only to an agreement entered | ||
into under Chapter 313, Tax Code, pursuant to an application filed | ||
under that chapter on or after the effective date of this Act. An | ||
agreement entered into under that chapter pursuant to an | ||
application filed before the effective date of this Act is governed | ||
by the law in effect on the date the application was filed, and the | ||
former law is continued in effect for that purpose. | ||
(b) Section 313.033, Tax Code, as amended by this Act, | ||
applies only to a report submitted on or after the effective date of | ||
this Act. A report submitted before the effective date of this Act | ||
is governed by the law in effect on the date the report was | ||
submitted, and the former law is continued in effect for that | ||
purpose. | ||
SECTION 6. This Act takes effect September 1, 2021. |