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Incentives

STATE INCENTIVES

State Income Tax

The State of Texas has No state personal income tax and No state corporate income tax. In addition, Texas has a no state-level ad valorem tax.

Land and Facility

McMahon-Wrinkle Airport & Industrial Park is located in the central area of Howard County on the southwest edge of the City of Big Spring bordering Interstate Highway 20. Many local, national, and international companies occupy facilities at the Industrial Park. These companies range from aviation related companies to large manufacturing facilities. The Airpark property is owned by the City of Big Spring therefore no real property taxes are assessed.
www.ci.big-spring.tx.us

Federal, State, & Local Programs

  • Skills Development Fund
  • Self-Sufficiency Fund
  • Texas Enterprise Zone Program
  • Texas Capital Fund Infrastructure Program
  • Texas Capital Fund Real Estate Development Program
  • Rural Municipal Finance Program
  • Sales and Use Tax Exemptions
  • Chapter 380
  • Texas Leverage Fund
  • Bonds
  • Section 108
  • Texas Economic Development Act
  • Ad Valorem/Property Tax Exemption
  • Property Tax Rule 9.105
  • Freeport Exemption
  • Franchise Tax Credits for Economic Development
  • Permit Assistance
  • Economic Development and Diversification In-State Tuition for Employees