Additional State Aid for Ad Valorem Tax Credits: Chapter 313
This funding provides additional state aid to school districts that have value limitation agreements pursuant to the provisions of Chapter 313 of the ֱ Economic Development Act (TEDA). The state aid offsets the ad valorem tax credit granted by the school district to a business entity under the provisions of the TEDA. Data from the Chapter 313 template is used to calculate this amount according to the ֱ Education Code, §48.254. The deadline for submitting a Request for Additional State Aid for Ad Valorem Tax Credit is on or before May 31 of each year for which the tax credit is due.
Law and Rules
- ֱ Education Code: §48.254,
- ֱ Tax Code: Chapter 313,
- ֱ Administrative Code: §61.1019,
on
- Request for Additional State Aid for Ad Valorem Tax Credits 2018–2019 and later school years
- Template for Chapter 313 Economic Development Act
- TX Economic Development Act (Chapter 313) Value Limitations One Page Description
- Chapter 313, ֱ Economic Development Act FAQ
Payment History
Chapter 313 Tax Credit Payment History (Excel 79 KB) | (PDF 943 KB)
For additional information, contact:
Division of State Funding
(512) 463-6313
taxprograms@tea.texas.gov