Hundreds of businesses have sought tax savings from the state before the Chapter 313 program expires. Two companies say they are missing out despite being eligible. texas taxes kprc2 click2houston
informed them that the Chapter 313 applications were received before the deadline and they were eligible for incentives.
In a statement Tuesday, Hegar said his office has seen an “extraordinary number of applications from companies seeking to secure an incentive under the current program.” According to the companies’ applications filed with the school districts named in the letter, the five projects would result in the creation of six full-time positions. The companies requested a waiver of the job creation requirement in each of their applications., manufacturing and energy companies apply to local school districts for a 10-year discount on their property tax bills in exchange for building or expanding in the community and, in a number of cases, creating new jobs.
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