2022 Silver Award Winner for IEDC Excellence in Economic Development Read More...
2022 Silver Award Winner for IEDC Excellence in Economic Development Read More...
San Patricio County is pleased to consider potential incentives based upon factors such as capital investment, creation of tax revenue, job creation numbers and average wage. We’re here for you every step of the way and are committed to doing what it takes to establish your business here in our community.
San Patricio County is home to numerous institutions providing financial assistance to companies within the community. While San Patricio EDC does not offer any financing, our organization maintains a growing list of resources and partners that are here to assist a wide variety of companies.
Chapter 380 of the Texas Local Government Code allows San Patricio County to offer a range of incentives for economic development, including the ability to rebate some of the city's portion of the 1.0% sales and use tax collected from business entities located in the jurisdiction.
We will work with you to find the right spot for your business whether it’s in the county or the region. Whether it’s information you seek or connections to individuals or companies, the San Patricio EDC staff is here to help you. We can connect you to the right information and people that you need to be successful in your efforts.
Qualifying businesses considering locate in San Patricio County have the opportunity to apply for a property tax abatement on new value created as a result of the project. Tax Abatements are available from the San Patricio County and other jurisdictions, as applicable.
Cities in San Patricio County with Type A or B economic development sales tax programs
Starting January 1st, 2024, the Chapter 403 abatement permits companies to reduce the taxable value of their real property by 50% for school property tax purposes under their abatement agreement. However, if the project is situated in a designated opportunity zone, the tax reduction increases to 75%.
Economic Development & Diversification In-State Tuition for Employees is a program that allows employees—and those employees’ family members—of a qualified business considering a relocation or expansion of its operations in the State of Texas to pay in-state tuition rates at public institutions of higher education in the state without first establishing residency.
The Historically Underutilized Business (HUB) Program was created to promote full and equal procurement opportunities for small, minority- and women-owned businesses.
Established by the 74th Legislature in 1995, The Skills Development Fund was designed to better utilize the public community and technical college system in Texas as well as other training organizations and have them partner with businesses throughout the state (with priority on small businesses) to train workers to meet the labor needs of employers and the regional labor market.
The Texas Enterprise Fund (TEF) provides the state’s leaders with a cash grant to be used as a financial incentive tool for projects that offer significant projected job creation and capital investment.
Supports rural business development, retention and expansion by providing funds for public infrastructure, real estate development, or the elimination of deteriorated conditions.
The Texas Enterprise Zone Program is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the state.
Texas businesses are exempt from paying state and local sales and use tax on leased or purchased machinery, equipment, replacement parts, and accessories that are used or consumed in the manufacturing, fabrication, or repairing of tangible personal property for ultimate sale. Certain restrictions apply and the exemption is not for all equipment. In some instances, labor or services that are typically taxable may be eligible for the exemption.
The Self-Sufficiency Fund is a job-training program that is specifically designed for individuals that receive Temporary Assistance for Needy Families (TANF). The program links the business community with local educational institutions and is administered by the Texas Workforce Commission. The goal of the Fund is to assist TANF recipients become independent of government financial assistance.
The Work Opportunity Tax Credit (WOTC) is a federal income tax benefit administered by the U.S. Department of Labor (DOL) for employers who hire individuals from specified target populations. WOTC reduces a business’s federal tax liability, serving as an incentive to select job candidates who may be disadvantaged in their efforts to find employment.
The US Department of Commerce’s Economic Development Administration has programs available to HEDC that could help offset costs associated with new projects creating manufacturing jobs and increasing private investment. HEDC has been willing to help companies through these programs.
An Opportunity Zone is an economically-distressed community where private investments, under certain conditions, may be eligible for capital gain tax incentives. Harlingen has several census tracts designated as opportunity zones.
Foreign-Trade Zones (FTZ) are secure areas under U.S. Customs and Border Protection (CBP) supervision that are generally considered outside CBP territory upon activation. Located in or near CBP ports of entry, they are the United States' version of what are known internationally as free-trade zones.
Centerpoint Energy offers incentives to participants (Project Sponsors) who install energy efficient retrofit projects in commercial and industrial facilities. This program also accepts new construction projects, which exceed minimum energy efficiency standards.