Study: Texas Spent $4.4 Billion Luring Businesses That Were Coming to the State Anyway
About 85 percent of the projects that received tax breaks through the Chapter 313 program didn’t need the incentive, according to a new study.
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Gulf Coast Petrochemical Buildout Draws Billions in Tax Breaks For Polluters
A new report by the Environmental Integrity Project compiled data on every U.S. plastics plant built, expanded or proposed since 2012, revealing massive growth in Texas.
Texas Business Groups, Legislators, Push to Restore Corporate Tax Incentives
Set to expire at the end of the year, Chapter 313 granted 10-year property tax breaks in exchange for large industrial projects.
Money for Nothing and Your Chips for Free
Big business is feasting in the final days of Texas' signature corporate tax break, while lobbying for a new program to refill the trough.
As Texas’ $10 Billion Corporate Tax Break Program Closes, State Comptroller Wants to Cover Up Costs
With Chapter 313 set to expire, the Texas Comptroller has proposed new rules that critics warn would reduce accountability and transparency, shrouding its long-term costs in secrecy.
The Unlikely Demise of Texas’ Biggest Corporate Tax Break
After 20 years, the state’s most lucrative corporate welfare program comes to an end.
The Lege This Week: Behind Closed Doors
With the end of session near, Texas lawmakers descend into the backrooms of the Capitol to hash out hugely consequential legislation.
Texas’ Largest Corporate Welfare Program Is Leaving Companies Flush and School Districts Broke
The state’s Chapter 313 program offers steep discounts on property taxes to attract big industrial projects that are supposed to pay off over the long term. But by the time these projects return to the tax rolls, much of that value has disappeared.
The Cost of Carve-Outs
Lawmakers passed an omnibus school finance and property tax reform bill this session, but didn’t include a way to pay for it past 2021. One place to look: corporate tax breaks.
The $9 Billion School Finance Problem in Speaker Bonnen’s Backyard
While legislators focused on school finance and property taxes, a silent culprit continued to metastasize. If Chapter 313, a corporate welfare program, is left unaddressed, it could undermine any progress made this session, critics warn.