Weba chapter 313 agreement, or tax value limitation agreement, is an agreement that allows a school district to cap a qualifying business's taxable value for the purpose of. Webchapter 313 authorizes two types of payments from agreement holders as a part of a chapter 313 agreement: Revenue protection payments (313. 027(f)(1)), and extraordinary. Webhow chapter 313 works to benefit schools and the state under a chapter 313 agreement, a school district temporarily (no more than 10 years) limits the taxable value of a new. Webchapter 313 school value limitation agreement…