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

  • 📰 TexasTribune
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Two 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.

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.

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.

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:

 /  🏆 441. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines