Cities may adopt either of these taxes or both, as long as they meet the criteria and do not exceed the 2 percent local sales tax cap. According to the Texas ...

The Type A sales tax is used for manufacturing and industrial development. Type B can be used for the Type A project, plus additional quality of life ...

The purpose of this research is to preliminarily assess statutory compliance of 4A and 4B economic development corporations in Texas against the Development.

With the recodification, EDCs formerly known as 4A and 4B corporations are now referred to as Type A and Type B corporations, respectively. The Difference ...

The document summarizes Section 4A and 4B economic development sales taxes in Texas that allow cities to fund economic development corporations.

4A tax authorized to provide funding source for recruiting and retaining manufacturing and industrial projects. 1991. 4B tax authorized for broader community ...

The economic development sales tax was created in 1989 to give smaller Texas communities the financial resources to create top- flight economic development ...

In 1989, the Texas Legislature amended the Act by adding Section 4A, which allowed the creation of a new type of development corporation, which could be the ...

The broader 4B tax continues to be the more popular choice for Texas communities. As of. July 2005, 318 cities have passed the 4B tax, compared to. 122 cities ...

In 1989, the Texas Legislature amended the Development Corporation Act of 1979 by adding Section 4A, which allows for the creation of local development ...