Chapter 380 Incentive
Chapter 380 of the Local Government Code provides legislative authority for Texas municipalities such as the City of Hutto to provide a economic incentives utilizing city funds or services in order to promote economic development. Hutto has utilized the provisions under this law to provide a myriad of incentive opportunities such as sales tax rebates, infrastructure enhancements, and hotel occupancy tax rebates.

Infrastructure Assistance
The Hutto Economic Development Corporation provides infrastructure grants to qualified businesses on a case by case basis. Preference is given to companies that provide primary employment in the City of Hutto.

Hutto Economic Development Corporation Direct Cash Incentive
The Hutto Economic Development Corporation may offer a direct cash incentive to eligible firms that locate within the City of Hutto on a case by case basis. Direct cash incentives may be offered to primary employers that meet a public policy objective such as meeting desired architectural elements. Primary jobs are defined by the economic development statute as a job that is available at a company at 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.

Property Tax Abatement
The City of Hutto and Williamson County offer property (ad valorem) tax abatement to qualified economic development projects. The Hutto Economic Development Corporation can assist with this process.

Industrial Revenue Bond Program
Williamson County participates in the industrial revenue bond program through the San Gabriel Industrial Corporation. Williamson County through the San Gabriel Industrial Corporation may issue bonds, pursuant to the Development Corporation Act of 1979. The Act allows nonprofits such as the San Gabriel Industrial Corporation to issue bonds on behalf of Williamson County for eligible projects. The purpose of bond financing is to promote new and existing businesses, encourage employment, and increase the tax base of Williamson County. For more information, click here.

Freeport Exemption
Hutto is one of the few communities in Central Texas that offer a “Triple Freeport” exemption on qualified inventories. Williamson County, City of Hutto and Hutto ISD Freeport Exemption exempts certain types of tangible personal property that are acquired in or imported into Texas to be forwarded out of state; detained in Texas for assembly, storing, manufacturing, processing, or for fabricating purposes by the business that acquired or imported it; and transported out of state within 175 days after the date the business acquired or imported it into Texas. For more information, click here.