CHAPTER TWENTY-EIGHT
Government Financial Subsidies
Skip to Report

Exhibit 28-9

Estimated State Impact* of Energy-Related Chapter 313 Agreements
2006 2007 2008 2009
Oil and Gas Projects $9,300,000 $12,000,000 $22,300,000 $31,300,000
Wind Energy Projects $1,300,000 $1,700,000 $15,100,000 $19,000,000
Ethanol Projects $0 $0 $0 $1,000,000
Total $10,600,000 $13,700,000 $37,400,000 $51,200,000

* The state impact is the result of tax loss and tax credit costs incurred each year under Tax Code, Chapter 313. Tax Year 2006 amounts were reported to the Comptroller by appraisal districts for the Tax Year 2006 Property Value Study. Amounts for Tax Years 2007 through 2009 were taken from the latest application documents available to the Comptroller for each project, and were used to prepare the Comptrollers estimate of the Chapter 313 cost for the the Comptroller for each project, and were used to prepare the Comptrollers estimate of the Chapter 313 cost for the the Comptroller for each project, and were used to prepare the Comptrollers estimate of the Chapter 313 cost for the 2007 Tax Exemptions and Tax Incidence report.

Source: Texas Comptroller of Public Accounts

Return to the Report

Required Plug-ins