In Response to Texas IAF Campaign, Senate Includes Significant Reforms in Proposal for Corporate Subsidies

House Bill 5 heads back to Texas House for reconciliation.


We believe that a strong economic development strategy is the result of investments in education, workforce, and strong communities,

stated Edie Clark, a representative of [Central Texas] Interfaith, a nonpartisan organization of religious congregations, public schools and unions that advocates for families and is critical of school property tax incentives. "They voted to continue to support subsidizing corporate welfare on the backs of schoolchildren and taxpayers."

[Central Texas] Interfaith claimed its two-year campaign in opposition to the program helped eliminate direct payments to school districts and increased job creation requirements for Chapter 403

"These reforms were all meant to respond to our criticisms of the program," Clark said. "We commend the senators who had the courage to vote against this failed program. We look forward to seeing what the speaker and House think of this version of the bill."

Texas Lawmakers on Cusp of Reviving School Property Tax Breaks for Big, Expanding BusinessesAustin Business Journal [pdf]

Texas Senate Passes Bill Bringing Back Corporate Property Tax BreaksDallas Morning News 

Statement on Texas Passage of HB 5Central Texas Interfaith