ECONOMIC DEVELOPMENT ACT AGREEMENTS

The Texas Economic Development Act, Chapter 313 of the Texas Tax Code, (Ch. 313) provides school districts an opportunity to encourage economic development within their local communities. Chapter 313 agreements provide an incentive to economic growth, while securing protections for school funding. Our attorneys have assisted in developing hundreds of agreements on behalf of school districts. These agreements have enhanced the tax bases of our clients, bringing billions of dollars in investment in new economic development, and securing hundreds of millions of dollars of new revenue to our clients.