[Excerpt]

A coalition of more than a dozen organizations such as the Network of Texas IAF Organizations, the Texas Campaign for the Environment, the Texas State Teachers Association and the Texas AFL-CIO wrote a letter to lawmakers Thursdayopposing the bill and any efforts to revive Chapter 313.

“We urge you to support alternative policies that promote fair and transparent economic development, adequately fund our public education and ensure a level playing field for all businesses in Texas,” they wrote.

The organizations said Chapter 313 diverted resources to a small number of school districts. They said corporate tax breaks have “exceptionally limited effectiveness” in incentivizing corporate relocation, citing a 2017 University of Texas study that estimated 85% to 90% of projects supported by Chapter 313 from 2002 to 2014 would have located in Texas without the program.

[Photo Credit: Austin Business Journal]

Texas House Passes Plan to Bring Back Corporate Property Tax Breaks for Major Projects, Dallas Morning News [pdf]

Texas House OKs revised corporate tax breaks to replace Chapter 313, Austin Business Journal [pdf]