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.

Travis

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: 0005293
Type of agreement: New

Record filed: 04/30/2022 01:53


Address of Local Government

Address
P.O. Box 1748
Austin, TX 78701


Contact information for officer/other person representing the local government

Andy Brown
County Judge
512-854-9555 
PBO-OpenRecords@traviscountytx.gov


Entity Information

Apple, Inc.


Agreement Information

Effective Date of Agreement: 05/01/2012
Expiration Date of Agreement: 12/31/2030
Counties that the agreement affects:


Agreement Information

Agreement Number: 0005293

Purpose of Agreement

Initial 10 Year Rebate Period. Computed as an amount equal to 60% of the excess of the Payment Year Ad Valorem Taxes paid on Eligible Property of the Base Year Ad Valorem Taxes paid on Eligible Property. Subsequent Five Year Rebate Period. Computed as an amount equal to 40% of the excess of the Payment Year Ad Valorem Taxes paid on Eligible Property of the Base Year Ad Valorem Taxes paid on Eligible Property. Minimum investment. $56,500,000 for New Improvements and New Machinery and Equipment by 12/31/2015 and $226,000,000 for new improvements and new machiery and equipment by 12/31/2021. Lo


Copy of the agreement
Previous Agreement Number:

Contact information for person submitting agreement to database

Christy Moffett
Director, Economic Development and Strategic Investments
512-854-1161 
christy.moffett@traviscountytx.gov