Texas Approves Major Tax Incentives for Advanced Manufacturing, Aiming for Economic Diversification

Texas Approves Major Tax Incentives for Advanced Manufacturing, Aiming for Economic Diversification

Texas Legislature Greenlights Landmark Manufacturing Incentives Bill A significant legislative step was taken in Texas on March 29, 2025, as the state Legislature gave final approval to House Bill 123. This pivotal piece of legislation is expressly designed to bolster the state’s efforts to attract advanced manufacturing companies, particularly those operating in high-technology sectors deemed…

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