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Property Tax Programs
Local governments use property tax incentives to pursue a variety of economic development goals. Potential goals include increasing income or employment, improving fiscal health and promoting urban revitalization.
- Jobs, Energy, Technology and Innovation (JETI) (HB5)
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JETI enables a company, school district and Governor’s office to enter into an agreement that diverts some of the district’s tax income to the company. This is contigent on job creation and investment minimums.
- Freeport/Goods in Transit Exemptions
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The Freeport and Goods in Transit Exemptions are personal property tax exemptions for goods that are entering or passing through Texas.
Freeport, Goods in Transit Statutes and Resources
- Tax Increment Financing (Chapter 311)
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Tax increment financing redirects property tax in a geographic area designated as a Tax Increment Reinvestment Zone (TIRZ) to pay for improvements in the zone.
- Tax Abatement (Chapter 312)
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A tax abatement exempts all or part of the increase in the value of property and/or tangible personal property from taxation for a period not to exceed 10 years.
- Texas Economic Development Act (Chapter 313)
An appraised value limitation is an agreement between a taxpayer and a school district in which the taxpayer proposes to build or install property — and create jobs meeting certain requirements — in exchange for a 10-year limitation on the taxpayer’s property value.
Chapter 313 Statutes and Resources
- Chapter 313 Fiscal Notes Article
– published April 2016 - Chapter 313 Exclusion Zone Online Mapping Tool
- Chapter 313 Gross Tax Benefit Estimation Tool
- Biennial Texas Economic Development Act (Chapter 313) Reports
- School Property Tax Limitation Agreements
(as required by HB 3676, 81st Legislature) - Texas Tax Code: Chapter 313, Texas Economic Development Act
- View an archive of this code as of Dec. 31, 2013
- Texas Administrative Code: Subchapter F, Limitation on Appraised Value and Tax Credits on Certain Qualified Property
- View an archive of this code as of Dec. 31, 2013
- View an archive of this code from Jan. 1, 2014 – Jan. 23, 2016
- Chapter 313 Fiscal Notes Article
Need Help?
For additional information, contact the Data Analysis and Transparency Division via email or at 844-519-5672.