Chapter 312 Abatement Reports

Abatement Basic Information

CAD Name: Jefferson CAD
Lead Taxing Unit: Jefferson County
Reinvestment Zone Name: Golden Pass Reinvestment Zone
Abatement Status: Active
Property Owner Name(s): Golden Pass Products LLC (Train 3)
Employment Created: Y

Property Information

Property Type: Real Property
Business Activity: Expanding
Business Type: Commercial/Industrial
Business Size: Medium
Physical Structure: New
New Construction: Y
Current Facility Renovation/Remodeling: Y
Current Facility Retooling/Upgrading: No Response
Furniture/Fixture Purchase: No Response
New Machinery/Equipment Purchase: No Response

New Abatement Execution, Effective, and Expiration Dates

Abatement Execution Date: 2015-06-22
Abatement Effective Date: 2022-01-01
Abatement Expiration Date: 2031-12-31
Base Value: $0

Abatement Percent/Year Information

Taxing Unit Name: Jefferson County
Taxing Unit Type: Lead Taxing unit
Property Type: No Response
Property Account: Unknown

Percent of Value Abated:

• Year 1: 100%
• Year 2: 100%
• Year 3: 100%
• Year 4: 100%
• Year 5: 100%
• Year 6: 0%
• Year 7: 100%
• Year 8: 100%
• Year 9: 100%
• Year 10: 100%

Taxing Unit Name: Sabine Neches Navigation District
Taxing Unit Type: Participating Taxing unit
Property Type: No Response
Property Account: Unknown

Percent of Value Abated:

• Year 1: 100%
• Year 2: 100%
• Year 3: 100%
• Year 4: 100%
• Year 5: 100%
• Year 6: 100%
• Year 7: 100%
• Year 8: 100%
• Year 9: 100%
• Year 10: 100%

Property Owner Information

Property Owner Name: Golden Pass Products LLC (Train 3)
Property Account: Unknown
NAICS: Not Reported
Taxpayer ID:: Not Reported
Length of Abatement Term: 10

Economic Impacts Information

Impact Years: 2022 - 2023 - 2024 - 2025 - 2026 - 2027 - 2028 - 2029 - 2030 - 2031
Number of New FTEs/Year: 60 - 60 - 60 - 60 - 60 - 60 - 60 - 60 - 60 - 60
Payroll Dollars Created: $4,200,000 - $4,200,000 - $4,200,000 - $4,200,000 - $4,200,000 - $4,200,000 - $4,200,000 - $4,200,000 - $4,200,000 - $4,200,000
Property Value Dollars Abated: $0 - $0 - $0 - $0 - $0 - $0 - $0 - $0 - $0 - $0

Additional Incentives Offered

Other Tax Incentives: No Response
Grants: No Response
Loans: No Response
Job Training Assistance: No Response
No Incentive Offered: Y
Total Value of Incentives: No Response
Clawbacks: No Response

Modified Abatement Report

Executed Modification Date: Not Applicable
Effective Modification Date: Not Applicable
Reason for Modification: Not Applicable

Canceled Abatement Report

Executed Cancellation Date: Not Applicable
Effective Cancellation Date: Not Applicable
Reason for Cancellation: Not Applicable
Dollar Amount Given to Business: Not Applicable
ISD Name: Not Applicable
Taxing Unit Recapture: Not Applicable