Texas Supreme Court says it can’t force the state to process deluge of applications for tax break expiring this year – By Brian Lopez (Texas Tribune) / Dec 30, 2022
The program, known as Chapter 313, provides companies with billions of dollars in property tax breaks. The court said it is up to the Legislature to make the call on what to do as the program is set to expire and the state is swamped with applications.
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The Texas Supreme Court declined Friday to intervene in a request from two renewable energy firms that say they’ll miss out on millions of dollars in tax savings from a program set to expire this year because an overwhelmed state agency failed to process their application in time.
The Texas comptroller’s office has until Dec. 31 to get companies into the program, known as Chapter 313, and give them a 10-year discount on their property taxes.
The two companies that went to the court, Stetson Renewables Holdings LLC and Ogallala Renewable Project LLC, submitted their applications for more than $20 million in tax savings in May 2022. Soon after, they received confirmation that their applications were received, and they were eligible for incentives.
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