Texas' multibillion-dollar corporate tax incentive program is slated to end in 2022. Will state officials let it die?
10 Jan 2022
Texas’ largest corporate tax incentive program is set to expire at the end of next year after lawmakers opted against renewing it for the first time in its 20-year history.
But the impending termination of the Chapter 313 program is expected to set off a rush of applicants as the state’s energy and manufacturing companies try to lock in massive property tax breaks before time runs out — a last-minute dash that will balloon the multibillion-dollar program for at least the next decade.