Global Trade Alert
Global Trade Alert

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

Announcement

23 Apr 2015

A Texas state incentive program, which operates through the abatement of taxes imposed by school districts, aims to attract investment in the state.

 

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Apr 2015

Revocation date:

23 Apr 2026

Updated: 23 Apr 2015
Tax or social insurance relief In force

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...

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