(a) The comptroller shall maintain a central registry of:
- (1) reinvestment zones designated under this chapter;
- (2) project plans and reinvestment zone financing plans adopted under this chapter; and
- (3) annual reports submitted under Section 311.016.
(b) A municipality that designates a reinvestment zone or approves a project plan or reinvestment zone financing plan under this chapter shall deliver to the comptroller before April 1 of the year following the year in which the zone is designated or the plan is approved a report containing:
(1) a general description of each zone, including:
- (A) the size of the zone;
- (B) the types of property located in the zone;
- (C) the duration of the zone; and
- (D) the guidelines and criteria established for the zone under Section 311.005;
- (2) a copy of each project plan or reinvestment zone financing plan adopted; and
- (3) any other information required by the comptroller to administer this section and Subchapter F, Chapter 111.
- (c) A municipality that amends or modifies a project plan or reinvestment zone financing plan adopted under this chapter shall deliver a copy of the amendment or modification to the comptroller before April 1 of the year following the year in which the plan was amended or modified.
Added by Acts 2001, 77th Leg., ch. 471, Sec. 4, eff. June 11, 2001.