- Opportunity Zone Program offers incentives, in the form of capital gains tax abatement, for those who invest eligible capital into Qualified Opportunity Zone assets.
- Abatement Program offers discretionary real and/or personal property tax abatements up to 100% may be available for up to 10 years.
- Industrial Revenue Bond (IRBs) provide a source of tax-exempt or taxable bond finance for projects involving significant private activity that promote new and existing businesses, encourage employment, and expand the tax base of a community. IRBs are issued by Industrial Development Corporations sponsored by a government unit, but their proceeds are passed on to private businesses, which are generally responsible for debt service payment.
- Freeport Exemption – Several cities, counties and independent school districts in the San Antonio – New Braunfels Metropolitan Area allow personal property tax exemptions for companies that deal with goods-in-transit or inventories used in the manufacturing process.
- Foreign goods and materials imported / exported through the zone are not subject to US Customs Duties until entering the US Market.
- Spaceport Trust Fund proceeds are available to any spaceport development corporation which has secured a viable business entity if that entity is capable of launching and landing a reusable launch vehicle or spacecraft and intends to locate its facilities at the development corporation’s planned spaceport in the state.
- Self Sufficiency Fund provides training grants for industry recognized certificates and credentials that lead to permanent full-time employment.
