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单词 TIRZ
释义

TIRZ

英语百科

Tax Increment Reinvestment Zone

A tax increment reinvestment zone (TIRZ) is a political subdivision of a municipality or county in the state of Texas created to implement tax increment financing. They may be initiated by the city or county or by petition of owners whose total holdings in the zone consist of a majority of the appraised property value. To get funding for a TIRZ area applicants have to follow three steps.

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