Chapter 380 (City) and Chapter 381 (County) of the Texas Local Government Code authorize these entities to offer incentives such as loans, grants, subsidized utility services, tax abatements, sales tax refunds, and more.
Chapter 380 (City) and Chapter 381 (County) of the Texas Local Government Code authorize these entities to offer incentives such as loans, grants, subsidized utility services, tax abatements, sales tax refunds, and more.
Chapter 380/381 of the Local Government Code authorizes municipalities to offer incentives designed to promote economic development such as commercial and retail projects. Specifically, it provides for offering loans and grants of city funds or services at little or no cost to promote state and local economic development and to stimulate business and commercial activity.