Incentives

Horizon City’s 4B Economic Development Corporation was formed in 2011 when it received overwhelming support from voters to offer incentives that bring investment and create high quality jobs.

Primary Incentives

The corporation has the power to use sales tax funds to help eligible companies with relocations, expansions and site development. It can acquire property, finance infrastructure projects and expend funds for a variety of economic and quality of life improvements.

Additional incentives

Texas offers unbeatable business conditions for companies looking to make the move to or expand in the Lone Star state, including:

  • No personal income tax;
  • Home to over 50 Fortune 500 companies;
  • A top-ten ranking for overall lowest tax burden from The Tax Foundation;
  • A low, flat corporate franchise tax rate of 0.75 percent;
  • Texas is a right-to-work state.

Additionally, the State of Texas offers a portfolio of incentives to qualifying businesses, including:

Incentives are determined and approved by the economic
development corporation’s seven-member board of directors.

They are:

  • Chris Barela
  • Justin Chapman
  • Alderman Jerry Garcia
  • Karina Hagelsieb (Vice President)
  • Bob Jarvis
  • Alderman Walter Miller (President)
  • Kevin Richardson

For more information about how Horizon City’s Economic Development Corporation can help your company or project, call (915) 852-1046 ext. 106.

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