Hays County
Questions about Freeport exemption arise in HCISD
By Moses Leos III
Discussion on the impact of implementing an ad valorem tax exemption for certain manufacturing companies in the area hit the dais at the Hays CISD board of trustees Monday.
The Freeport Exemption, which was created by the state in 1989 as a form of tax exemption, is used by communities for economic development and job creation, according to a presentation from the Greater San Marcos Partnership.
Companies that qualify for the Freeport Exemption would be exempt from paying property...