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DocuSign Envelope ID: B5A3C4E8ED6043F7BDD33BC388AE0F52March 18, 2021 Brian Patterson Superintendent Ira Independent School District 6190 W FM 1606 Ira, Texas Re:Certificate for Limitation on Appraised

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Who needs comptrollertexasgov economy localchapter 313?

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Public school districts in Texas that are eligible to establish and apply for tax limitations under Chapter 313 of the Texas Tax Code

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Companies or businesses planning to make significant investments in Texas and looking for tax incentives and abatements

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What is comptrollertexasgov economy localchapter 313?

Local Chapter 313 of the Texas Tax Code provides a mechanism through which school districts can offer tax incentives to attract certain capital-intensive projects.

Who is required to file comptrollertexasgov economy localchapter 313?

Property owners who are seeking tax incentives for eligible projects are required to file Local Chapter 313 applications with the Texas Comptroller's office.

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To fill out a Local Chapter 313 application, property owners must provide detailed information about their project, including the expected capital investment, job creation, and other economic benefits.

What is the purpose of comptrollertexasgov economy localchapter 313?

The purpose of Local Chapter 313 is to encourage economic development by providing tax incentives to qualified projects, thereby stimulating job creation and capital investment in Texas.

What information must be reported on comptrollertexasgov economy localchapter 313?

Property owners must report detailed information about their project, including the projected capital investment, number of jobs created, wages paid, and other economic impacts.

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