The project has been in the works since 2019 and financing was preserved despite the pandemic's economic downturn.
Dozens applications filed with the comptroller will not be processed due to the program's expiration at the end of 2022.
A public school district in Odessa plans to lobby the Texas Legislature against school choice and to resurrect a tax incentive program.
The Chapter 313 program is set to expire at the end of this year after the 2021 legislature did not approve legislation to extend it.
Taxes are on the mind of the Texas Legislature and while it may flow under the radar, business tax reform will be considered by the body next year.
According to Abbott’s press release, the passage of a congressional bill is “a major factor for this potential investment by Samsung.”
The state representative and Texas Senate nominee said Texas would “roll out the red carpet” for a potential relocation for Twitter.
The tax break program expires at the end of this year after a renewal effort failed during the 87th legislative session.
A proposed change in how the state collects and compiles data about an economic development incentive program spurred criticism.
Across the eight applications, companies have collectively requested over $1 billion in property tax abatements while none meet minimum job creation requirements.
The keynote issue for the July special session will be the election reform legislation that died on the last night of the regular session.
Days after a similar proposal collapsed under the weight of public pressure in another part of the state, a property tax abatement has been approved in Bastrop County by the Smithville ISD.
