Texas HB5634 amends tax code to allow certain municipalities to designate additional qualified projects within a project financing zone.
Texas HB5634 amends the Tax Code to allow certain municipalities to designate additional qualified projects within a project financing zone. These additional projects must comply with specific requirements, including being within 1,000 feet of an existing qualified project and not extending the duration or boundaries of the project financing zone. Municipalities must notify the Comptroller of any added qualified projects within 30 days. The changes take effect September 1, 2025.
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