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Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts

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 2402 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: 0005324
Type of agreement: New

Record filed: 04/30/2022 11:49


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

Samsung Austin Semiconductor, LLC


Agreement Information

Effective Date of Agreement: 03/14/2006
Expiration Date of Agreement: 12/31/2027
Counties that the agreement affects:


Agreement Information

Agreement Number: 0005324

Purpose of Agreement

Rebate. Years 1-10: Eighty percent of the excess of the Payment Year Ad Valorem Taxes paid over the Effective Year Ad Valorem Taxes paid. Years 11-20: Eighty percent of the excess of the Payment Year Ad Valorem Taxes paid over the Effective Year Ad Valorem Taxes paid. Description. The Project shall include the development, completion, and maintenance of a new 300mm Fab on a portion of the Property described in the agreement. The project will be located in a Reinvestment Zone. Minimum investment. The company shall invest at least $3.5 billion in real property improvements, facilities


Copy of the agreement
Previous Agreement Number:

Contact information for person submitting agreement to database

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