Enhanced Enterprise Zone Local Property Tax Abatement
EEZ incentives are designed to encourage job creation and investment by providing tax credits and local property tax abatement to new or expanding businesses located in an Enhanced Enterprise Zone (EEZ). Eligible businesses may receive standard abatement of 50% property tax abatement for improvements made to real property for 10 years.
Chapter 353 Tax Abatement / Planned Industrial Expansion Authority
A 100% abatement of new property taxes resulting from new construction or rehabilitation may be available for 10 years, with 50% abatement available during the following 15 years.
LCRA Property Tax Abatement
Land Clearance for Redevelopment Authority (LCRA) incentives are designed to encourage investment and assist in the removal of blight and blighting conditions within urban renewal areas. The program provides up to 100% real property tax abatement freeze on property improvements for up to 10 years.
