Tax Collections for Districts with Chapter 313 Projects

Word Version

January 13, 2015

Subject: Tax Collections for Districts with Chapter 313 Projects

TO THE ADMINISTRATOR ADDRESSED:

This letter is to inform you about changes to our procedures for the 2016–2017 school year. Beginning with tax year 2016, school districts that have active agreements under Chapter 313 of the Texas Property Tax Code and that have companies subject to tax credits must net those credits against taxes paid (rather than requiring the company to pay full taxes and then issuing a reimbursement to the company in the amount of the tax credit).

You can find information about the documentation required on application for Ad Valorem Tax Credits at this website: http://tea.texas.gov/interiorpage.aspx?id=25769817589.

Please be aware that we will continue to accept documentation of a reimbursement check in the amount of the tax credit for the 2015–2016 school year. However, beginning in the 2016–2017 school year, you must submit a copy of the tax statement showing that the tax credit was netted against taxes due in order to receive a reimbursement. We are providing this notice now so that you can begin working with your tax assessor-collector in order to be prepared for next year.

If you have questions about the documentation you will be required to submit this year or next year, please contact Nancy Kuhn by phone (512) 463-6313 or by email at nancy.kuhn@tea.texas.gov.

Sincerely,

Amanda Brownson