1.0The Texas Observerhttps://www.texasobserver.orgJustin Millerhttps://www.texasobserver.org/author/justin-miller/Texas’ Largest Corporate Welfare Program Is Leaving Companies Flush and School Districts Brokerich600338<blockquote class="wp-embedded-content" data-secret="qCpPtAliWX"><a href="https://www.texasobserver.org/texas-largest-corporate-welfare-program-is-leaving-companies-flush-and-school-districts-broke/">Texas’ Largest Corporate Welfare Program Is Leaving Companies Flush and School Districts Broke</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.texasobserver.org/texas-largest-corporate-welfare-program-is-leaving-companies-flush-and-school-districts-broke/embed/#?secret=qCpPtAliWX" width="600" height="338" title="“Texas’ Largest Corporate Welfare Program Is Leaving Companies Flush and School Districts Broke” — The Texas Observer" data-secret="qCpPtAliWX" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://www.texasobserver.org/wp-content/uploads/2019/04/tax1-web-apr19-miller-e1637767495424.jpg1200812The 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.