Discussion and possible action to rescind the moratorium on tax abatements.
Issue: The Commissioners Court had imposed a moratorium on all tax abatements within the county until tax abatement guidelines could be updated.
Solution: Tax abatement guidelines and criteria have been updated and amended and the moratorium should be lifted.
Result: Eligible entities may apply for a tax abatement.
Background:
In April of 2019 the Commissioners Court had enacted a moratorium on tax abatements until the guidelines and criteria could be revised. The Court has revised and amended the guidelines and criteria.