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Local Incentives

Chapter 380 Agreements 

Under Texas Tax Code Chapter 380, municipalities may provide a grant or loan of city funds or services to promote economic development. A city may provide a Chapter 380 grant in the form of a municipal sales or property tax rebate. 

Chapter 381 Agreements

Under Texas Tax Code Chapter 381, counties may provide a grant or loan of county funds or services to promote economic development. A county may provide a Chapter 381 grant in the form of a county sales or property tax rebate. 

Triple Freeport Exemption 

Local governments and school districts have the option to exempt "goods in transit" or "freeport goods" from ad valorem taxation. Freeport propety includes goods, ware, merchandise, ores, and certain aircraft and aircraft parts. The exemption applies to invetory that leaves the state within 175 days. "Triple freeport designation is conferred to jurisdictions for which the city, county, and school district have all approved freeport exemption. All Greater San Marcos jurisidctions are triple freport exempt. 

Expedited Permiting 

Expedited permitting is available from city and county jurisdiction in Greater San Marcos to provide for company needs. 

City of San Marcos Economic Development Fund

The City of San Marcos has established an Economic Development Supplemental Fund to compliment exisiting economic development tools for projects to be located within the City.