Texas lawmakers likely to extend costly, controversial tax break
Texas lawmakers likely to extend costly, controversial tax break FacebookTwitterEmail The 110-megawatt, Alamo 6 solar farm in Iraan in West Texas was completed in 2015 to provide renewable power to the city of San Antonio. The solar farm’s developers received a 313 tax limitation, which reduced the tax bill on the project by roughly $2 million annually./OCI Solar Power A controversial Texas tax law criticized as a giveaway to large companies is set to expire after 2022, but state lawmakers appear poised to renew the program this legislative session. Under Chapter 313, Texas taxpayers will p...
Source: lmtonline.com