Tax Abatement Act definition

Tax Abatement Act means Minnesota Statutes, Sections 469.1812 to 469.1815, as amended.
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Tax Abatement Act means Minnesota Statutes, Sections 469.1812 through 469.1815;
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Examples of Tax Abatement Act in a sentence

  • Costs of Grant support not expressly specified in the Budget, or in excess of line items therein, are not eligible costs and may not be charged to the Grant or included in the Grantee Contribution unless subsequently approved in writing by CRDF Global.

  • This Agreement is intended to comply with the requirements of Section 312.204 of the Code and is authorized by the Texas Property Redevelopment and Tax Abatement Act of the Texas Tax Code, Chapter 312, by the Guidelines and by resolution of the City Council authorizing execution of this Agreement.

  • The City has not granted any other abatement under the Tax Abatement Act as of the date of this Agreement, and agrees that if the City grants any additional abatements under the Tax Abatement Act during the term of this Agreement, the City’s Abatement Volume Cap will be allocated first to the abatements granted prior to the date of this Agreement and to the City Abatement pledged pursuant to this Agreement.

  • The County has not granted any other abatement under the Tax Abatement Act as of the date of this Agreement, and agrees that if the County grants any additional abatements under the Tax Abatement Act during the term of this Agreement, the County’s Abatement Volume Cap will be allocated first to the abatements granted prior to the date of this Agreement and to the City Abatement pledged pursuant to this Agreement.

  • For any facility located within the area served by the Taxing Jurisdictions to be eligible for tax abatement it must meet the criteria for designation as a tax abatement reinvestment zone as set forth in the Property Redevelopment and Tax Abatement Act, Texas Tax Code Chapter 312.The City or County may designate an area as a reinvestment zone in accordance with the criteria and procedural requirements set forth in the Property Redevelopment & Tax Abatement Act, as amended (Texas Tax Code Sec.

  • Fiscal Note, 80th Legislative Regular Session—In Re: HB2994 (Relating to the authority of certain taxing units to enter into an agreement under the Property Redevelopment and Tax Abatement Act or the Texas Economic Development Act with the owner of certain electric power generation facilities).

  • According to Texas law, the Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code, as amended, the City may grant a tax abatement on the incremental value of a particular property that is improved pursuant to a specific development proposal, which meets the economic goals and objectives of the City.

  • No. JC-106 (1999) (The movement of a structure from one location on a piece of property in a reinvestment zone to another location on the property may constitute a "specific improvement or repair" to the property for purposes of a tax abatement agreement under Property Redevelopment and Tax Abatement Act, chapter 312 of the Tax Code, if it improves or repairs the property in the ordinary sense and if the improvement or repair is consistent with the purpose of the reinvestment zone designation).

  • Based on the general purpose and objectives and in compliance with the intent and tenets of the Texas Property Redevelopment and Tax Abatement Act, the City will establish reinvestment zones for economic development purposes.

  • Fort Bend County is authorized to provide Tax Abatement benefits in accordance with the State of Texas Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code.

Related to Tax Abatement Act

  • Delinquent act means (i) an act designated a crime under the law of the Commonwealth, or an

  • Spatial Planning and Land Use Management Act means the Spatial Planning and Land Use Management Act, 2013 (Act 16 of 2013);

  • HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.

  • Violent act means behavior that resulted in homicide,

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • VAT Act means the Value Added Tax Act, No 89 of 1991, as may be amended from time to time.

  • Health and Safety Laws means all applicable laws, statutes, regulations, subordinate legislation, bye-laws, common law and other national, international, federal, European Union, state and local laws, judgments, decisions and injunctions of any court or tribunal, and codes of practice and/or guidance notes issued by any applicable government body or authority, public body, trade union, works council, or industry or regional sector authority to the extent that they relate to or apply to the health and safety of any person, including (but not limited to) any such requirements and obligations concerning Covid-19.