STATE LEGISLATURE
A Texas economic incentive offers massive tax breaks to companies, but its renewal isn't a done deal
Chapter 313, a decades-old law designed to lure companies to Texas with property tax breaks, expires in 2022. Lawmakers looking to renew it face opposition from critics who say it's unfair to many Texas schools.
By Duncan Agnew, The Texas Tribune
Posted 5/2/21
Intel nearly built a massive chip fabrication plant near Fort Worth in 1991, but the tech giant instead picked Arizona because Texas property taxes were too high. Two years later, Texas lawmakers …
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