top of page
Company Profile.png
Urban Skyline

"No one is getting something up front, they have to do the project [in order to receive Chapter 313 tax breaks]. Any company that wants to invest (large amounts of money) in the state of Texas—welcome. Today is a good day to announce those plans."

Chambers Across the State Support HB 5 by Chairman Todd Hunter

The Texas Association of Business is one of more than 255 organizations, including 100 chambers of commerce, that supports a new, modern and transparent economic development program. 

HB 5, The Texas Jobs and Security Act, by Chairman Todd Hunter (R-Corpus Christi) does just that, giving communities a new tool to attract projects that lead to jobs and long-term revenue for public services.

HB 5 is critical to maintaining the Texas Miracle. The bill:

  • Ensures Texas' economic security

  • Promotes technological and manufacturing independence 

  • Creates new capital investments in our communities

  • Creates new capital investments in our communities, giving our children greater opportunities and schools additional resources.

States across the country have copied Texas’ most competitive incentive-based program (offering temporary tax discounts for large capital-intensive projects), which expired at the end of 2022. The Texas Legislature must pass HB 5 to give communities the tools they need to compete in a 21st century global economy.

Download the one-pager

Download the letter

Download the letter

In the Media

Chamber Op-Eds

Supporting Chambers

bottom of page