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.

• Jobs, Energy, Technology and Innovation Act (JETI)
• 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.

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

Grants

• Rural Law Enforcement Grants (SB 22)
• Additional resources for rural communities
• Disaster Relief Taxpayer Assistance
• Property taxes in disaster areas and during droughts