Economic Development

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Underwood has a long history helping governmental bodies and the private sector through the many economic development programs, tools, and incentives available under Texas law.  In addition to representing many Economic Development Corporations (EDCs) in the Texas panhandle, and beyond, Underwood has significant experience and expertise navigating the Chapter 313 (Texas Tax Code) tax limitation provisions for school districts and developers, as well as the Chapter 312 (Texas Tax Code) tax abatement opportunities on behalf of cities, counties, other taxing districts, and developers. 

Further, through its experienced Municipal Law section, Underwood is well-positioned to assist municipalities, counties, and the private sector with Chapter 380 and 381 (Texas Local Government Code) economic development programs and opportunities.  It is also well-positioned to navigate the provisions of Chapter 431 (Texas Transportation Code), relating to the creation and operation of a Local Government Corporation, and Chapter 311 (Texas Tax Code), relating to Tax Increment Reinvestment Zones (TIRZs).  As an integral part of representing governmental bodies, Underwood has significant experience with the Texas Open Meetings Act and the Texas Public Information Act. 

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Economic Development

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