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.
Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.
Local government type: City
Local government code: 0006142
Type of agreement: Amend
Record filed: 08/16/2022 03:51
400 Porter Street
Taylor, TX 76574
Samsung Austin Semiconductor, LLC
Effective Date of Agreement: 11/29/2021
Expiration Date of Agreement: 12/31/2054
Counties that the agreement affects: Williamson
Agreement Number: 0006142
Establishes a TIRZ, Annual Grants (property tax reimbursement/abatement) of 92.5% for years 1-10, 90% for years 11-20, 85% for years 21-30. Waiver of permit fees, tax abatement shortfall grants, a Development Review Reimbursement Agreement. Company must maintain employment of 1800, provide an annual civic donation of $150,000 to the City and $150,000 to charitable purposes.