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Chambers Across the State Support an Economic Development Program for Capital Intensive Projects
The Texas Association of Business and the following Chambers of Commerce support a new, modern, and transparent economic development program that will ensure Texas’ economic security, promote technological and manufacturing independence from foreign nations, help solve the supply chain and shortage crisis, and create new capital investments in our communities, giving our children greater opportunities and local schools additional resources.
Why a replacement economic development incentive is critical to maintaining the Texas Miracle:
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Brings investment and builds entire ecosystems/supply chains.
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Texas cannot rely on another country for basic supplies or advanced technological needs.
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Replacing 313 would be a boon for national security, our supply chain, technological superiority, energy security, and overall economic advantage.
States across the country have copied Texas’ incentive-based program, which expired at the end of 2022, leaving the Lone Star State without the tools it needs to compete in a 21st century global economy. When there is a level playing field, Texas always wins. Texas must offer temporary tax discounts to win these critical projects to support jobs and our local communities, including our schools.
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In the Media
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Rio Grande Guardian: Hamer, Silva: RGV Supports Texas Jobs and Security Act
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TAB Press Release: Businesses Applaud Speaker Phelan and Chairman Hunter for Announcing Texas Jobs and Security Act
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TAB Press Release: Businesses Call for Modern and Transparent Economic Development Program
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Houston Chronicle: Opinion: Texas Miracle is a three-legged stool. One leg needs replacing.
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Austin Business Journal: The 'Texas Miracle' Over?
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Houston Business Journal: Saint-Gobain subsidiary nabs tax incentives for $145M roofing manufacturing plant in Bryan
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Austin American-Statesman: Texas business groups to push Legislature for new corporate tax break program
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Dallas Morning News: Texas must pursue a new economic development to replace the one expiring on 2022
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Dallas Business Journal: Texas ‘won’t know the deals we lost’ if Chapter 313 isn’t replaced
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FOX 7 Austin: Semiconductor manufacturing facility considering expanding in Lockhart
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Austin Business Journal: Micron's plans for potential $80B semiconductor factory near Lockhart unveiled in incentives applications
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PWC: Texas Economic Development Ch. 313 program to sunset December 31, 2022
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The Texas Tribune: Texas House speaker says he’s confident Legislature will revive expiring corporate tax break program
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Austin Business Journal: Price tag, scope of Infineon's factory expansion plans revealed in incentives application
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Austin Business Journal: Samsung may flood area with more factories
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Austin Business Journal: Bill filed to bring back Chapter 313 tax abatements
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Fort Worth Star-Telegram: Abbott uses Arlington as example of Texas’ strong economy, which could surpass Italy’s
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Fort Worth Report: Fort Worth signs on to push for new incentives to recruit companies to Texas
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Rio Grande Guardian: Patridge: Texas needs to restock its economic development toolbox
Chamber Op-Eds
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Rowlett Area Chamber: The time to secure Texas’ future is now
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Longview Chamber: Creating future investment opportunities critical for East Texas
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United Corpus Christi Chamber of Commerce: Texas has the chance to strengthen economic development
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Abilene Chamber of Commerce: Supply chain crisis or opportunity?
Supporting Chambers

























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