Companies say they’re being denied Texas tax breaks as a state agency is overwhelmed with applications

  • 📰 KPRC2
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Hundreds of businesses have sought tax savings from the state before the Chapter 313 program expires. Two companies say they are missing out despite being eligible. texas taxes kprc2 click2houston

informed them that the Chapter 313 applications were received before the deadline and they were eligible for incentives.

In a statement Tuesday, Hegar said his office has seen an “extraordinary number of applications from companies seeking to secure an incentive under the current program.” According to the companies’ applications filed with the school districts named in the letter, the five projects would result in the creation of six full-time positions. The companies requested a waiver of the job creation requirement in each of their applications., manufacturing and energy companies apply to local school districts for a 10-year discount on their property tax bills in exchange for building or expanding in the community and, in a number of cases, creating new jobs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 80. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies say they’re being denied Texas tax breaks as a state agency is overwhelmed with applicationsTwo renewable energy companies say the Texas comptroller’s office is denying them tax savings due to the state agency being overwhelmed with tax break applications days before the Chapter 313 program expires. BS. We all know what's going on here. GregAbbott_TX DanPatrick KenPaxtonTX made it ultra clear that they will go after and shut down any company that is not in the oil based energy business. There is no coincidence here.
Source: TexasTribune - 🏆 441. / 53 Read more »

Sears Hometown files for Chapter 11 bankruptcy protection | CNN BusinessSears Hometown Stores Inc., a franchise-owned spinoff from Sears, has filed for Chapter 11 bankruptcy protection Dude. Sears just needs to give it up. Please be the voice of Mohammad Mehdi Karami. He is only 22 years old, innocent and tortured to confess to a murder crime he didn’t commit. He is in danger of execution. MohammadMehdiKarami محمدمهدی_کرمی IranRevolution Sears has been dead since the 90's... it just took a while for their CEO to bleed them dry.
Source: CNN - 🏆 4. / 95 Read more »