Jobs, Energy, Technology and Innovation Act (JETI)

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; projects entirely within a Qualified Opportunity Zone receive 75%. Eligible NAICS industries are prescribed by statute and include manufacturing, R&D, clean energy infrastructure, semiconductors, hydrogen production, advanced computing, and dispatchable electric generation. Minimum investment thresholds and job requirements scale with county population (from $20M/10 jobs in counties under 100,000 to $200M/75 jobs in counties over 750,000). Electric generation facilities are exempt from job requirements. The Comptroller administers agreements via eSystems; a $30,000 application fee is paid by the applicant to the affected school district. Applicants must demonstrate competitive justification (evidence that an alternate site outside Texas was genuinely considered).

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.