Texas’ largest corporate welfare program is leaving companies flush and school districts broke Posted By Justin Miller, The Texas Observer on Sat, May 15, 2021 at 4:32 PM click to enlarge Wikimedia Commons / roy.luck Port Arthur ISD was required to pay $30 million refunds to San Antonio-based Valero after the energy company waged a court battle over properties, including this Port Arthur refinery. As the United States struggled to meet demands for fuel in the early 2000s, Motiva Enterprises decided to double the capacity of its oil refinery in the Gulf Coast city of Port Arthur on the Texas-Louisiana border. The refinery had been in Port Arthur for as long as Texas has pumped oil; in 1902, a year after the historic Spindletop discov
Texas’ Largest Corporate Welfare Program Is Leaving Companies Flush and School Districts Broke
The state’s Chapter 313 program offers steep discounts on property taxes to attract big industrial projects that are supposed to pay off over the long term. But by the time these projects return to the tax rolls, much of that value has disappeared.
Nowhere are Chapter 313 agreements more prolific than in the state’s Gulf Coast region. Justin MIller
The state’s Chapter 313 program offers steep discounts on property taxes to attract big industrial projects that are supposed to pay off over the long term. But by the time these projects return to the tax rolls, much of that value has disappeared.
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