Jobs, Energy, Technology and Innovation Act (JETI)
Connects Jobs, Energy, Technology and Innovation Act to support school-district property-tax value limitation large manufacturing clean-energy advanced-tech capital.
About
JETI (HB 5, 88th Legislature 2023) replaces the expired Chapter 313 value-limitation program. Qualifying businesses that make large capital investments in Texas can receive a 10-year reduction in the school-district maintenance-and-operations (M&O) portion of their property tax, applied to the assessed value of their qualifying property. The standard benefit is a 50% taxable-value reduction; proje…
Climate TechEnergy TechHardwareAdvanced ManufacturingSemiconductors
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