State Incentives

  • Texas Enterprise Fund – approved to attract new jobs and investment to the state; used as a final incentive tool where a Texas site is competing with an out-of-state option.
  • Texas Enterprise Zone Fund – approved for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the state; designated projects are eligible to apply for state sales and use tax refunds on qualified expenditures related to the capital investment and jobs created at the qualified business site. 
  • Tax Increment Financing – approved for local governments to publicly finance needed structural improvements and enhanced infrastructure within a defined area to promote existing businesses and attract new commercial enterprises.