AUSTIN- For the first time in the history of the state of Texas, an economic development bill, CSHB5(Committee Substitute House Bill 5), that prioritizes attracting major business entities to invest in Qualified Opportunity Zones, passed the Legislature. The bill will provide a 75 % tax abatement of school property taxes in exchange for new businesses […]
The post HB5 could be a rising tide for overlooked Texas communities appeared first on Garland Journal.