The Texas Legislature should let local local tax deals under Tax Code Chapters 312 and 313 expire because they give unfair advantages to one business over another.
Tell Speaker Bonnen to end Chapter 312 and 313!
|Speaker Dennis Bonnen
512-463-0564 | email@example.com
Speaker Dennis Bonnen
Here are the facts:
- The cost of all 313 corporate subsidies are estimated to be about $9.2 billion, at an annual cost to the Texas budget of $790 million to $1 billion!
- Negotiations under the Chapter 312 process take place behind closed doors often without public knowledge.
- Many businesses receive large tax breaks and other subsidies but fail to bring substantial jobs.
For more information and for the latest on why we need reform, visit our website: texaspolicy.com/renewables.