A Texas economic incentive offers massive tax breaks to companies, but its renewal isn’t a done deal
Chapter 313, a decades-old law designed to lure companies to Texas with property tax breaks, expires in 2022. Lawmakers looking to renew it face opposition from critics who say it’s unfair to many Texas schools.
Read MoreTexas Tax Talk: Development Bill Needs Bilateral Buy-In
This edition of Texas Tax Talk takes a closer look at Chapter 313, the drivers behind potential changes to the program, and arguments both for and against a program overhaul.
Read MorePreparing the Texas grid for the next polar vortex will be expensive. Next up: How to pay for it
But lawmakers disagree about how to pay for such an effort — which could cost billions of dollars — and whether any amount of state money at all should go toward winterization of private plants.
Read MoreHas Samsung lived up to past incentives agreements in Austin?
Samsung has been building semiconductors in Austin for more than 20 years. It has already benefited from more economic incentives than any other company in the region:
Read MoreAfter the lights went out in Texas for days, will companies keep moving here?
February’s epic power failure hurt the state’s reputation and raised questions about its infrastructure. The Legislature must find a fix and keep the cheap energy coming.
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