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The House passed a bill without Lt. Gov. Dan Patrick’s preferred increase to homestead exemptions — then abruptly adjourned for the special session. That basically tells the Senate to take the House bill Gov. Greg Abbott backs or leave it.
The new draft would make fewer projects eligible and often require companies to invest more than the program it seeks to replace, known as Chapter 313.
Incentives similar to the recently expired Chapter 313 program that approved billions of dollars in property tax breaks to companies such as Tesla, Toyota,.