Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
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Glenn Hegar
Texas Comptroller of Public Accounts
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Comptroller’s Online Chapter 380-381 Economic Development Agreements Database

Note: For agreements that do not have a set expiration date, the expiration date will show as 12/31/2078. All information has been provided by local governments. Only agreements that are or were active as of Sept. 1, 2021, when HB 2404 went into effect or agreements that have been entered into, amended or renewed since then are required to be reported to the database.


Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.

About This Local Government

Local government type: County
Local government code: 0005223
Type of agreement: New

Record filed: 04/29/2022 04:07

Address of Local Government

710 South Main Street, Suite 301
Georgetown, TX 78626

Contact information for officer/other person representing the local government

Bill Gravell, Jr
County Judge

Entity Information

Entity Name: Samsung Austin Semiconductor, LLC
Assumed Name of the Entity:
Business Address of Entity:
Entity Contact Phone Number:
Entity Contact Email:

Agreement Information

Effective Date of Agreement: 11/29/2021
Expiration Date of Agreement: 01/01/2033
Counties that the agreement affects:
Total Monetary Value of Agreement:
Terms on Which Agreement Expires:
Source of Money Used or Type of Tax Implicated By the Agreement:

Agreement Information

Agreement Number: 0005223

Purpose of Agreement

Samsung intends to invest $17B in land, buildings, equipment, and other business property, this will promote economic development and commercial activities by creating up to 1,800 Full-Time Equivalent jobs (FTE), increase County’s Tax Revenue, and improve the County’s ability to provide health, safety and welfare to its citizens. County agrees to reimburse 90% of the Ad Valorem Taxes on real property and improvements and personal property for the 1st 10 years; if renewed, County agrees to reimburse 85% of the Ad Valorem Taxes for the next 10 years.

Copy of the agreement
Previous Agreement Number:

Contact information for person submitting agreement to database

Officer Name: Andrea Bigon
Officer Title: Accountant II
Phone Number: 512-943-1574