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Economic I)evelopmentChapter 3L3 Annual Eligibility Report Normand AnalysisForm 5O772A SECTION 1: Applicant and District lnformation1,Tax year covered by LFLS report:2013NOTEI This report must be
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Who needs assetscomptrollertexasgovch313228chapter 313 annual eligibility?

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Individuals or organizations that are seeking eligibility for assets under Chapter 313 of the Texas tax code need to fill out the assetscomptrollertexasgovch313228chapter 313 annual eligibility form. This may include entities such as businesses, industries, or developers who are planning to make investments or developments in Texas and want to avail certain tax incentives provided by Chapter 313.
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Chapter 313 of the Texas Tax Code allows school districts to offer tax incentives to attract investments in eligible projects that create jobs and increase the tax base. Annual eligibility refers to the requirements that eligible projects must meet on an annual basis to continue receiving the tax incentives.
The owners or operators of eligible projects that are receiving tax incentives under Chapter 313 are required to file the annual eligibility report.
The annual eligibility report can be filled out online on the Comptroller's website. The report requires information about the project's employment levels, investment amounts, and other relevant data.
The purpose of the annual eligibility report is to ensure that the projects receiving tax incentives under Chapter 313 continue to meet the requirements for eligibility and are delivering the promised economic benefits to the community.
The annual eligibility report requires information on the project's employment levels, investment amounts, and any changes to the project's ownership or operations.
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