Local & State Incentives

Local Incentives

Chapter 380 Agreements

Chapter 380 of the Local Government Code authorizes municipalities, like the City of Texas City, to offer incentives designed to promote economic development. This allows the city to provide loans, and grants of city funds at little or no cost, to stimulate business and commercial activity. Projects will be evaluated on a case-by-case basis.

Chapter 381 Agreements

Chapter 381 of the Local Government Code allows Texas counties to provide incentives that encourage economic development in their respective jurisdictions. A county may administer and develop a program to make loans and grants of public money to stimulate business and commercial activity. The county may also develop and administer a tax abatement agreement.

Chapter 312 Tax Abatement Agreements

Texas Tax Code Chapter 312, allows the City of Texas City to exempt all or part of the increased tax value of real property and/or tangible personal property for a period not to exceed 10 years.

Chapter 313 Tax Abatement Agreements

Texas Tax Code Chapter 313, allows Texas City ISD or Dickinson ISD to place a 10-year limitation on the taxable property value for school district maintenance and operations (M&O) tax purposes. The minimum qualifying investment amount for both Texas City and Dickinson ISD's is $80 million.

TCEDC Project Assistance

The Texas City Economic Development Corporation (TCEDC) has the ability to provide your business and project with assistance and resources that are needed. Depending on the needs of the project the TCEDC has a variety of methods that can provide assistance.

Foreign Trade Zone (FTZ) Number 199

The City of Texas City operates FTZ Number 199, which has had up to six subzones.FTZ's are secure areas under U.S. Customs and Border Protection (CBP) supervision. Foreign and domestic merchandise may be moved into zones for storage, assembly, manufacturing, and processing. While in the zone, merchandise is not subject to U.S. duty or excise tax. Certain tangible personal property is generally exempt from state and local ad valorem taxes.

6th Street Signage

The Texas City Economic Development Corporation will pay for 100% of your new signage for your business. After an agreement is executed, TCEDC will work with you on the design and creation of the signage.

6th Street Awnings

The TCEDC offers assistance with the purchasing of awnings for your business. After an agreement is executed, the TCEDC will pay for 40% of the total cost of the agreed-upon design.

6th Street Paint Assistance

If your 6th Street business is in need of paint, the TCEDC will pay for the 100%, and the owner will apply it. We have a pre-determined color pallet featuring six colors of your choice.

State Incentives

Texas Enterprise Zone Program

The Texas Enterprise Zone Program is a state sales and use tax refund program that is designed to encourage private investment and job creation in economically distressed areas of the state. Texas cities must nominate companies in their jurisdiction to receive an Enterprise Zone designation, thus allowing them to receive refunds for qualified expenditures.

Skills Development Fund

The Skills Development Fund is a Texas Workforce Commission program that provides training opportunities for businesses and workers. This is accomplished through financing the design and implementation of customized job training projects.

Franchise Tax Exemption

House Bill 500 allows a company to deduct moving expenses from their apportioned margin while calculating their franchise liability.

Skills for Small Business

Small businesses can apply to the Texas Workforce Commission for training offered by their local community college, or the Texas A&M Engineering Extension Service (TEEX).