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 incentive program has limits, supporters, critics
While the tax incentive program that helps bring business to Texas has been criticized as too generous, supporters say the tax benefits to the state are greater than the incentives provided.
Read MoreCommentary: Tesla deal generates tax dollars for Texas
Limited and temporary property tax discounts, known as Chapter 313 agreements, allow Texas communities to attract major industrial projects, keep Texas competitive and grow jobs — and they do not cost taxpayers a dime. Regular critics of these discounts frequently mischaracterize the program by claiming companies receive taxpayer dollars to locate in Texas, which is…
Read MoreWorried About Your Property Tax Bill? Now is the Time to Act!
Texas local governments are getting ready to adopt their budgets for the upcoming fiscal year. That means they’ll soon be setting the tax rates that will determine the size of your property tax bill.
Read MoreHarris County Commissioners Court Eyes Another Property Tax Hike
Harris County’s Democratic-controlled Commissioners Court is again looking to raise property taxes to the maximum eight percent, this time by using the pandemic disaster to bypass a new state law requiring voter input.
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