Tex. Tax Code § 320.001 — SAVING PROVISION AFTER EXPIRATION OF CHAPTER 312

The expiration of Chapter 312 under Section 312.006 does not affect the validity of a reinvestment zone designated or a tax abatement agreement executed before the expiration of Chapter 312 . A reinvestment zone designated or a tax abatement agreement executed before the expiration of Chapter 312 under Section 312.006 is governed by the applicable law in effect immediately before the expiration of Chapter 312 , except that the designation of an existing reinvestment zone may not be renewed after the expiration of Chapter 312 . A tax abatement agreement in effect when Chapter 312 expires may be extended as provided by the law in effect immediately before the expiration of Chapter 312 . A tax abatement agreement executed after the expiration of Chapter 312 may not be extended. Added by Acts 1989, 71st Leg., ch. 1137, Sec. 14, eff. Sept. 1, 1989.