INCENTIVE DESCRIPTION

State: TX
Incentive Type: Special Purpose Zone Incentives and Credits
Incentive Title: Enterprise Zone Credits
Description: 1) ENTERPRISE ZONE PROGRAM Enterprise zone benefits can include a refund on state sales and use tax based on qualified expenditures. In addition local communities must offer benefits such as tax abatements and TIF financing to be eligible for state benefits. The level and amount of refund is related to the capital investment and jobs created. The amount of capital investment ranges from $40,000 to $250 million or more. Job creation ranges from 10 to 500 or more.
Eligibility Requirements: 1. Must be a qualifying business. Must be located in a designated enterprise zone. Local communities must designate a project as an enterprise project. Must meet capital and job creation requirements.
Geographic Restrictions: Statewide
Granting Authority: State of Texas


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.