About the Type A Sales Tax

The Hutto Economic Development Corporation is funded by a half cent sales tax for economic development that was approved by Hutto voters in 1997. Organized as a nonprofit 501 (c) (3) nonprofit corporation and subject to Section 4A of the Development Corporation Act of 1979, law dictates how Hutto Economic Development Corporation funds may be expended.

Incentive Priorities

The Hutto Economic Development Corporation economic incentive priorities are:

• Infrastructure that will facilitate primary employers in Hutto.
• Infrastructure that will facilitate retail or commercial projects over 25,000 sf.
• Direct capital incentives to primary employers that meet a public policy objective such as desired architectural elements.
• Other projects may be considered on a project by project basis.

Primary jobs are defined by the economic development statute as a job that is: (1) available at a company for which a majority of the products or services of that company are ultimately exported to regional, statewide, national, or international markets, infusing new capital into the local economy; and (2) included in one of the following sectors of the North American Industrial Classification System (NAICS).

 

Eligible NAICS Sectors

NAICS Code Description
111 Crop Production
112 Animal Production
113 Forestry & Logging
11411

Commercial Fishing

115 Support Activities for Agriculture & Forestry
211-213 Mining
221 Utilities
311-339 Manufacturing
42 Wholesale Trade
48-49 Transportation & Warehousing
51 Information, excluding movie theatres (51213) & drive-in theatres (512132)
523-525 Securities, Commodity Contracts, and Other Financial Investments & Related
Activities; Insurance Carriers, Related Activities; Funds, Trusts, & Other Financial Vehicles
5413, 5415, 5416 Scientific Research & Development Services
5417 & 5419551 Management of Companies & Enterprises
56142 Telephone Call Centers
922140 Correctional Institutions
928110 National Security