Form 50-276 - Tax Abatement Registry - Texas Comptroller Of Public Accounts Page 2

Download a blank fillable Form 50-276 - Tax Abatement Registry - Texas Comptroller Of Public Accounts in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form 50-276 - Tax Abatement Registry - Texas Comptroller Of Public Accounts with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

Economic Development
T a x A b a t e m e n t R e g i s t r y , N e w A b a t e m e n t A g r e e m e n t
and Analysis
Form 50-276
STEP 3: Property Information
7. Check abatement type. If residential, skip to Item #14.
Commercial/Industrial
Residential
8. If Commercial/Industrial, check appropriate boxes for questions 9 through 13 below.
9. The business is:
Expanding/modernizing a business currently in the community
Relocating from out of state
A new business
Relocating from another city/county in Texas
10. Business type (choose the one that best describes the business):
Hotel/Group Residence
Manufacturing
Research & Development
Banking/Finance
Retail
Industrial
Medical
Commercial/Real Estate
Wholesale
Energy
11. Business size (based on number of employees):
Micro (0-19)
Small (20-99)
Medium (100-499)
Large (500 + )
12. Physical structure:
New
Existing
13. Type of improvement:
New construction
Current facility renovation/remodeling
Current facility retooling/upgrading
(Check all that apply)
Furniture/fixture purchase
New machinery/equipment purchase
STEP 4: Terms of Agreement
___________________________
14. Date the abatement agreement was fully executed/signed: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
___________________________
15. Date the abatement agreement becomes or is expected to become effective: . . . . . . . . . . . . . . . . . . . . . .
(Note: Most tax abatement agreements are effective January 1 of the year following the
signing unless otherwise stated in agreement.)
___________________________
16. Date the abatement agreement expires: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(Note: The maximum term of an abatement is 10 years.)
17. Type of property abated:
Real
Personal
Both
STEP 5: Economic Impact
___________________________
18. Appraised value of property before execution of agreement: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
19. Does the abatement agreement address new employment positions and/or payroll dollars to be created or retained? . . . . . . . . . .
Yes
No
If yes, please provide the number of full-time equivalent (FTE) positions and estimated payroll dollars created according to the aggreement:
_______________________
_______________________
$
FTEs
Payroll Dollars Created
STEP 6: Signature of Person Completing Form
_____________________________________________
________________________________
__________________
Authorized Signature
Title
Date
For more information, visit our website:
Page 2 • 50-276 • 03-12/7

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 3