Taylor ISD accepts Chapter 313 application for mysterious project

[Bryan Noth]

Taylor ISD accepts Chapter 313 incentives application for mysterious project, officials hint at more in the pipeline

The application comes as massive companies, including Samsung, eye Central Texas

An interesting takeaway from the article is the discussion on Chapter 313 tax abatement program. This has been a massively powerful leverage point for businesses relocating to the Texas market. That program now has an expiration date of Dec. 31st, 2022. It is quite possible the program may be extended but also worth highlighting that deals made before the expiration date will qualify for those chapter benefits. Many experts believe that Texas may see a surge of employer applications if the program deadline is not extended.

The map below was produced with Google maps.  For reference Taylor is a suburb on the North East side of Austin.

Article link below:

https://www.bizjournals.com/au...