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United States of America/State of Texas: $128 million in investment incentives provided to Total Petrochemicals and Refining USA in the form of school tax abatements

Description

The Texas Economic Development Act (Chapter 313 of the Tax Code) provides for the extension of investment incentives manufacturers and others through tax abatements. The law allows school districts to...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Apr 2015

Revocation date

23 Apr 2026

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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