Property Tax Abatements within the Reinvestment Zone « Back to Search Results
Property Tax Abatements within the Reinvestment Zone

Category: Local Incentives


The MDC will assist in the coordination with the City and County for tax abatements.  Qualified businesses located within the designated Reinvestment Zone are eligible to apply for abatement of the property tax for the value added to real or personal property by construction, renovations, additions, or personal equipment as allowed by law and approved by the participating taxing entities.  Tax abatement on real and personal property improvements may be granted by all taxing entities except the Midland Independent School District.