Texas Property Tax Incentives
Stahl, Davies, Sewell, Chavarria & Friend, LLP represents clients in negotiating property tax incentive agreements for new projects being constructed in Texas. Because Texas is considered a high property tax state, successfully negotiating and obtaining property tax incentive agreements can have a significant impact on a project’s viability and profitability. Texas offers different types of property tax incentives depending on the type of project being developed, the location of the project, and the total amount of anticipated investment. Tax incentives may be available from school districts, municipalities, counties, and other taxing jurisdictions such as hospital districts and junior college districts. We routinely advise clients on the process of applying for tax incentives and navigating the statutory requirements of having them approved and executed by the appropriate governmental entity. The types of projects that we have represented in the tax incentive process include energy projects and commercial/industrial real estate developments.