Texas comptroller records show Taylor ISD Chapter 313 agreement is for $17B Samsung Austin Semiconductor facility

The Taylor ISD board of trustees met June 30 and approved an application for property tax value limitation from Samsung Austin Semiconductor. (Screenshot courtesy Taylor ISD)
The Taylor ISD board of trustees met June 30 and approved an application for property tax value limitation from Samsung Austin Semiconductor. (Screenshot courtesy Taylor ISD)

The Taylor ISD board of trustees met June 30 and approved an application for property tax value limitation from Samsung Austin Semiconductor. (Screenshot courtesy Taylor ISD)

Records from the Texas comptroller of public accounts show that a June 30 application for Chapter 313 tax limitation approved by Taylor ISD was for Samsung Austin Semiconductor.

The application, under the name “Project Colin,” was approved June 30 by the Taylor ISD board of trustees, Community Impact Newspaper previously reported.

At the time, TISD Public Information Officer Tim Crow declined to say how large of a limitation was approved, how long it would last or who it was from, as the project name does not belong to an existing business.

In records obtained from the comptroller’s website by Community Impact Newspaper, a property with an undisclosed location is the subject of an application for tax reimbursement on a $17 billion facility over the course of five years. The application does not make clear how much of a limitation is being considered. It has been accepted by the school district but has not yet been approved by the comptroller. The documents state Samsung is also considering locations in Arizona, New York and South Korea for a new plant.

If approved, construction is expected to begin in January 2022 with the first year of the limitation to be 2024.


Samsung Semiconductor in January sought a 100% tax abatement for 20 years as incentive to bring its 6.1 million-square-foot chipmaking plant to the area. That facility would have come with a $17 billion investment—$6 billion in structure and other real estate developments and $11 billion worth of personal property in machinery and equipment. The same amount of investment is described in the application approved by Taylor ISD.
By Brooke Sjoberg
Brooke Sjoberg is the Round Rock reporter for the Round Rock and Pflugerville/Hutto editions of Community Impact Newspaper. She worked for The Gonzales Inquirer, The Daily Texan and The Daily Dot among other publications before coming to Community Impact. Brooke is from Seguin, TX and graduated from The University of Texas at Austin in 2020. Her last name is pronounced Show-burg.


MOST RECENT

As proposed Senate redistricting went under scrutiny, the state’s first congressional map, featuring two additional congressional districts, was released. (Community Impact Staff)
Senate hearings, congressional map released: Read the latest on redistricting in Texas

As proposed Senate redistricting went under scrutiny, the state’s first congressional map, featuring two additional congressional districts, was released.

The purchase represents the largest electric vehicles procurement in the nation's history, according to Capital Metro. (Courtesy Capital Metro)
Capital Metro moves forward with $255 million investment in electric buses

The investment will add 197 electric buses to the transit agency’s current fleet of 12 electric buses.

The budgets will take effect in October when the Capital Metro 2021-22 fiscal year begins. (Benton Graham/Community Impact Newspaper)
Capital Metro board approves $650M in funding for upcoming fiscal year

The funding includes operating expenses, longer-term capital projects and a contribution to the organization overseeing Project Connect.

The price of child care tuition in some areas is comparable to tuition at a four-year university, according to the Workforce Solutions Rural Capital Area. (Courtesy Primrose Schools)
Central Texas child care providers struggling even as economy recovers

The pandemic is exacerbating an already difficult staffing shortage issue in the area's child care industry.

A new development will be coming to east Kyle. (courtesy Texas Department of Transportation)
CI NATION ROUNDUP: East Kyle to see new development; Katy Boardwalk District announces updates, and more top stories

Take a look at the top five trending stories across all of Community Impact Newspaper’s coverage areas as of Sept. 27.

Dog Haus Biergarten restaurants sell hot dogs, sausages, burgers, craft beer and more. (Courtesy Dog Haus Biergarten)
Dog Haus Biergarten location coming to Cedar Park

Dog Haus Biergarten's menu includes hot dogs, sausages, burgers, craft beer and more.

Screenshot of Jeff Travillion speaking at a meeting
Travis County prepares for redistricting process

County commissioners will approve maps adjusting precincts to match 2020 census numbers by the end of November.

James Avery Artisan Jewelry sells women’s and men’s jewelry designed in Kerrville, Texas. (Courtesy James Avery Artisan Jewelry)
James Avery Artisan Jewelry relocates Cedar Park store

The new store location held a grand opening Sept. 18.

Kyle City Council voted 6-1 and approved the new citywide trail master plan that will utilize 2020 bond election funds for trails that will help connect Austin to San Antonio. (Courtesy Pexels)
CI Nation roundup: Perfect Game coming to Cedar Park; Kyle City Council approves trail master plan to connect Austin to San Antonio and more top stories

Take a look at the top five trending stories across all of Community Impact Newspaper’s coverage areas as of Sept. 24.