The Comptroller has posted new guidance for all participants of the Tax Code Chapter 313 program (companies and school districts) regarding the duration of reinvestment zones in which Tax Code Chapter 313 projects are located. Companies and school districts should ensure that the reinvestment zone in which a Chapter 313 project is located remains active for the duration of the value limitation benefit period (10 years). Companies that submit the Annual Eligibility Report Form (form 50-772A), and the school districts through which these forms are passed for Tax Code Chapter 313 program reporting must ensure accurate and correct documents are submitted. Any errors identified should be addressed by the parties subject to the value limitation agreement before the form is submitted to the Comptroller’s office; a revised form should be submitted if an error is noticed after the form has already been filed for the report year.