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Enterprise Zone Program

Program Objective

The Texas Enterprise Zone Program is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the state.

Participation

Local communities must nominate a company as an Enterprise Project to be eligible to participate in the Enterprise Zone Program. Legislation limits allocations to the state and local communities per biennium. The state accepts applications quarterly with deadlines on the first working day of March, June, September and December.

Benefits to Participation

Designated projects are eligible to apply for state sales and use tax refunds on qualified expenditures. The level and amount of refund is related to the capital investment and jobs created or retained at the qualified business site.

Level of Capital
Investment
Maximum Number
of Jobs Allocated
Maximum
Potential Refund
Maximum Refund
Per Job Allocated
$40,000
to $399,999
  10 $25,000 $2,500
$400,000
to $999,999
  25 $62,500 $2,500
$1,000,000
to $4,999,999
125 $312,500 $2,500
$5,000,000
to $149,999,999
500 $1,250,000 $2,500
Double Jumbo Project
$150,000,000
to $249,999,999
500 $2,500,000 $5,000
Triple Jumbo Project
$250,000,000
or more
500 $3,750,000 $7,500

Participation Requirements

Communities may nominate projects, for a designation period up to five years, non-inclusive of a 90-day window prior to the application deadline. Employment and capital investment commitments must be incurred and met within this timeframe.

Projects may be physically located in or outside of an Enterprise Zone.

If located within a zone, the company commits that at least 25% of their new employees will meet economically disadvantaged or enterprise zone residence requirements.

If located outside of a zone, the company commits that at least 35% of their new employees will meet economically disadvantaged or enterprise zone residency requirements.

Program Resources

General Program:

Applications and Sample Documents:

Application for Program Benefits:

Benefit Documents:

Contact Information

For additional information on the Texas Enterprise Zone Program, call the Economic Development Bank at 512-936-0100.

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