Finance, Funding & Incentives / Texas EDC

Incentives

Application for Incentives

Example of an application for economic development incentives.

Incentives Scale

Incentive Policy with scale based on investments of capital and job creation.

Incentive Policy and Guidelines

Incentive Policy and Guidelines from Port Arthur EDC

Incentives as Taxable Income

Statement regarding incentives as taxable income.

Business Incentives Summary

Guidelines for business incentives.

Tax Incentives and Reporting Requirements in Texas

Tax Incentives: Exploring New Reporting & Disclosure Standards in Texas including GASB 77.

Incentive Application

Sample incentive application from Port Arthur EDC

Application for Incentives

Sample application for incentives from Corpus Christi Regional EDC

Application for Economic Development Funds

Example of an application for economic development funds.

Economic Development Incentives Request Application

Sample application for economic development incentives.

Application for Incentives for New Construction

Sample application seeking financial assistance for new construction.

Application for Incentives

Sample application seeking incentive funds/financial assistance from and EDC.

Application for Business Improvement Grant

Sample application for Business Improvement Grant from Marble Falls EDC.

Micro-Loan Guidelines

Guidelines for a Micro-Loan program from Port Arthur EDC

Micro Loan Application

Sample Micro-Loan Application from Port Arthur EDC

Type A and Type B EDCs

Economic Development Handbook

Economic Development Handbook (2017) - information regarding the Type A and Type B economic development sales tax, including permissible projects and legal uses of the tax.

Local Economic Development Guide Book

TEDC Publication - Local Economic Development Guide Book (3rd edition). Includes information on what is an economic development corporation, how to form an economic development corporation, differences between Type A, Type B and MDD. Also fundamentals of managing an economic development corporation, including types of incentives.

Development Corporation Act

Development Corporation Act of 1979 governing Type A and Type B economic development corporations.

Economic Impact of the ED Sales Tax Study - Three Decades of Growth & Prosperity (Perryman, 2020)

Updated study by Dr. Ray Perryman of the Perryman Group analyzing the economic impact of the thirty years of the Economic Development Sales Tax on the economy of Texas including case studies.

Economic Development Sales Tax Impact Study

Catalyst for Growth: the importance of 25 years of the economic development sales tax study.

Type A/Type B/MDD Permissible Projects Summary

Summary of Permissible Projects for Type A, Type B and MDD Corporations provided by EDT Best Practices.

Type A / Type B Training Requirements

Training requirements for EDC board members as defined in the Development Corporation Act.

Primer on the Economic Development Sales Tax

Primer on the economic development sales tax (Type A and Type B) following the 87th Texas Legislative Session (2023).

Type A / Type B Boards

Information regarding the makeup and governance of Type A and Type B economic development corporation boards.

Bylaws of a Type A Corporation

Sample bylaws of a Type A Economic Development Corporation

Bylaws of a Type B Corporation

Sample bylaws of a Type B Economic Development Corporation

Economic Development Sales Tax Guide

Type A and Type B Economic Development Sales Tax Guide, Texas Comptroller's Office 2018.

Tax Abatements

Definition, tools and information regarding Tax Abatements in Texas.

Chapter 313 - Overview and Analysis

Understanding Chapter 313 of the Texas Tax Code, published by the Texas Taxpayers and Research Association.

Chapter 313 - Looking at the Facts

The facts about Chapter 313 of the Texas Tax Code - a very important economic development tool

Chapter 313 - Facts vs. Myths

The facts vs. myths of Chapter 313.

TEDC Resolution in Support of Reauthorization of Chapter 313

Resolution in support of reauthorizing Chapter 313 of the Texas Tax Code.

Chapter 313 Summary (2021)

Chapter 313 Summary Report published by the Texas Comptroller in 2021.

Chapter 313 - 2019 Summary Report

Summary report of Chapter 313, Texas Economic Development Act (2019).

Chapter 313 Report (2017)

2017 Report of Chapter 313 by the Texas Comptroller.

Chapter 312 - Overview and Analysis

Presentation - Understanding Chapter 312, Local Property Tax Abatements.

Chapter 312 - Understanding Local Property Tax Abatements

Outline of Chapter 312, Local Property Tax Abatements published by the Texas Taxpayers and Research Corporation.

Chapter 312 Abatement Process Guidelines

Six step Abatement Process for Chapter 312 of the Property Tax Abatement Act.

Chapter 312 - New Reporting Requirements

New Reporting Requirements by HB 3143 under Chapter 312 of the Local Property Tax Abatement Act.

Tax Abatement Guidelines

Tax Abatement Guidelines - Neuces County

Tax Abatement Policy

Tax Abatement Policy, Guidelines and Criteria.

Tax Abatement Policy

Example of a EDC Tax Abatement Policy

Tax Abatement Policy

Policy regarding tax abatements for an economic development corporation.

State and Local Incentive Programs

State Business Incentives Summary

Report of State of Texas economic development incentive programs.

Tax-related Economic Development Programs

Overview of tax-related economic development programs at the state and local level such as TIRZ, Chapter 312, etc.

Texas Enteprise Fund Overview

The TEF is a "deal closing" fund which gives a cash grant used as a financial incentive tool for projects that offer significant projected job creation and capital investment where a single Texas site is competing with another viable out-of-state option.

Texas Enterprise Fund Legislative Report 2019

Report of the 86th Texas Legislature regarding the Texas Enterprise Fund.

Texas Foreign Trade Zone Map

Map of Texas Foreign Trade Zones

GURI-Governor's University Research Initiative

Governor's University Research Initiative Application Kit.

Enterprise Zones Overview

Overview and information regarding the Texas Enterprise Zone Program.

Enterprise Zone Program FAQ

Frequently Asked Questions regarding the Texas Enteprise Zone Program.

Event Trust Funds

Guidelines and procedures for the Event Trust Funds for the State of Texas.

Skills Development Fund Overview

Overview of the Skills Development Fund, a workforce training program administered by the Texas Workforce Commission.

Skills Development Fund FAQ

Frequently asked questions regarding the Skills Development Fund, a workforce training program.

Registry of Reinvestment Zones for Tax Abatements and TIRZ

Biennial registry (2018) of Reinvestment Zones for Tax Abatements and Tax Increment Financing.

Product Development and Small Business Incubator Fund

The program offers long-term, asset-backed loans to product development companies and small business incubators/accelerators located in Texas. The loans finance the development and production of new or improved products or the stimulations of new or existing small businesses in Texas.

380 Agreements

380 Agreement Definition and Structure

A city's authority to make grants and loans as defined by the Texas Attorney General's Office.

Chapter 380 Program for Restaurants

Example of a 380 Agreement for Restaurants within The Historic Mansfield Reinvestment Zone

Chapter 380 Agreement Example

Chapter 380 Agreement, City of League City, Count of Galveston.

Chapter 380 Agreement Example

Chapter 380 Agreement, City of Rowlett - constructions residential

Chapter 380 Agreement Example

Chapter 380 Agreement, City of Rowlett - diversification of real estate

380 Agreement

Chapter 380 Agreement - Net Zero Carbon - City of Corpus Christi

Chapter 380 Agreement Guidelines

Guidelines for 380 Agreements - City of Laredo

380 Agreement Resolution

Sample Resolution for a 380 Agreement - City of Laredo

380 Agreement Resolution

Sample Resolutionf or a 380 Agreement - City of Laredo

Chapter 380 Agreement

Sample 380 Agreement - City of Laredo

Public Private Partnerships

Best Practices for Pubic Private Partnerships

Best practices for a successful deal using public/private partnerships, presentation at the CDFA 2019 National Summit.

Unique Models and Other Ways to About P3s

Introduction to Public-Private Financing tools and basics, presented by the Council of Development Finance Agencies (CDFA).

TIF/TIRZ

Tax Increment Financing

Definition, terms and procedures for Tax Increment Financing for economic development.

Understanding Your TIF Statute

Presentation by Tony Smith on understanding your Tax Increment Financing Statute presented at the CDFA 2019 National Summit.

TIF Feasability and Underwriting

Presentation by Lindsay Banner, Orix, on Tax Increment Financing presented at the CDFA 2019 National Summit.

Driving Economic Development with TIRZ

TEDC/CDFA webinar presentation on Driving Economic Development with Tax Increment Reinvestment Zones Financing.

Registry of Reinvestment Zones for Tax Abatements and TIRZ

Biennial registry (2018) of Reinvestment Zones for Tax Abatements and Tax Increment Financing.

TIRZ Development Agreement - City of League City

Development agreement for a Tax Increment Reinvestment Zone for a the League City Town Centre.

New Market Tax Credits

New Market Tax Credit Fact Sheet

Fact Sheet on Community Investment for Revitalization of Distressed Areas.

Economic Developer's Guide to NMTC

An presentation guide for economic developers on New Market Tax Credits presented by Steve Gilbert.

New Market Tax Credits Overview

Investment in Opportunity Overview; Legislative and Local/National NMTC Economic Update; NMTC Basics and Lender/Investor Perspective presentation.

New Market Tax Credits

Understanding New Market Tax Credits

Special Districts

Municipal Development Districts

Summary of the definition, governance and operations of a Municipal Development District.

Comparing MDDs to Other EDOs

Comparison chart of MDDs, Type A EDCs and Type B EDCs.

Municipal Development Districts FAQ

Understanding Municipal Development Districts and frequently asked questions.

Other Types of Incentives and Financing Programs

EB-5 Overview

Immigrant Investor Program, also known as “EB-5,” created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.

How Opportunity Zones Work

Opportunity Zones, created as a result of the passage of the Tax Cuts and Jobs Act, are low-income census tracts eligible to use tax incentives to encourage long-term investments in Zone assets and property.

Texas Opportunity Zones Map

Map of Texas Opportunity Zones.

Revolving Loan Funds

Examples of Revolving Loan Funds.

Financing Strategies for Growing the Manufacturing Sector

Presentation on strategies to finance and growth a manufacturing sector, presented at the CDFA 2019 National Summit.

Performance Agreements

Sample Performance Agreement

Example of a Performance Agreement between and economic develpment group and a company specify the terms of an arrangement for financial assistance for a project.

Performance Agreement

Example of a Performance Agreement and Program Grant - City of Laredo

PACE

PACE Business Sector

Texas Propery Assessment Clean Energy - Business Sector flyer

PACE Commercial Sector

Texas Propery Assessment Clean Energy - Commercial Sector flyer

PACE Industrial Sector

Texas Propery Assessment Clean Energy - Industrial Sector flyer

PACE Non-Profit Sector

Texas Propery Assessment Clean Energy - Non-Profit Sector flyer