economyEconomic Development

Local Economic Development by Program Type

Sales Tax

See how to use local sales taxes to support economic development projects.

• Type A and B Economic Development Corporations
• Municipal Development Districts
• County Assistance Districts
• Enterprise Zones
• Manufacturing Exemptions

Property Taxes

Learn how these property tax provisions can be used to support development in your community.

• School Property Value Limitation and Tax Credits (Tax Code Chapter 313)
• School Property Value Limitation Agreement Documents (as required by HB 3676, 81st Legislature)
• Tax Abatement Act (Tax Code Chapter 312)
• Tax Increment Financing Act (Tax Code Chapter 311)
• The Freeport and Goods in Transit Exemptions

Special Assessments and Other Incentives

Discover how the creation of special districts and other locally administered programs can support infrastructure projects and economic growth.

• Chapter 380/381 Economic Development Agreements
• Local Hotel Occupancy Tax

Disaster Relief

Find out about provisions in the Texas Tax Code that can help your community recover from a natural disaster.

• Disaster Relief Taxpayer Assistance
• Property Taxes in Disaster Areas and During Droughts