economy Economic Development

Per Sec. 403.612(a) The governor, the governing body of a school district, and an applicant may enter into an agreement to limit the taxable value for maintenance and operations ad valorem tax purposes of the district. The below table lists JETI projects that have executed agreements.

Current JETI Agreements

Application #	Applicant	School District	Project Type	Proposed Investment	Limitation Percentage	Minimum Required Jobs
J0001	Summit Next Gen, LLC	Galena Park ISD	Jet Fuel Manufacturing	$1.7 billion	50%	75 jobs
J0002	Bell Textron, Inc.	Northwest ISD	Aircraft Parts Manufacturing	$429 million	50%	75 jobs

Sec. 403.622(a) Requires that the Comptroller shall post the following:

1. each application submitted under this subchapter;
2. each map and economic benefit statement required to be submitted with an application under this subchapter;
3. each amendment to an application made under this subchapter;
4. each agreement entered into under this subchapter; and
5. each biennial compliance report submitted as required under this subchapter.

The following table includes all required JETI project information.

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Need Help?

For additional information, contact the Data Analysis and Transparency Division via email or at 844-519-5672. All applications must be submitted to JETI.apps@cpa.texas.gov.