Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 5169 limits municipal tax incentive agreements for businesses that relocate from one municipality in Texas to another. It caps the amount of sales tax rebates, grants, or loans a receiving municipality can offer, ensuring they do not exceed what the business was receiving in its previous location. Additionally, the duration of such agreements cannot exceed the length of the previous municipality's agreement. The bill applies only to new agreements entered into after its effective date.
Author
Matthew Shaheen
Contact the Author
Rep. Matthew Shaheen
Capitol Phone:
(512) 463-0594
Capitol Office:
CAP GS.6
E-Mail:
