Global Trade Alert
Global Trade Alert

United States of America/State of Texas: $148.9 million in investment incentives to Buffalo LLC provided in the form of school tax abatements

Announcement

01 Aug 2019

A Texas state incentive program, which operates through the abatement of taxes imposed by school districts, aims to attract investment in the state.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2022

Revocation date:

31 Dec 2031

Tax or social insurance relief In force

The Texas Economic Development Act (Chapter 313 of the Tax Code) provides for the extension of investment incentives to manufacturers and others through tax abatements. The law allows school districts...

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