Chapter 380 of the Local Government Code authorizes municipalities to offer incentives designed to promote economic development such as commercial and retail projects. Specifically, it provides for offering loans and grants of city funds or services at little or no cost to promote state and local economic development and to stimulate business and commercial activity.
On September 1, 2021, a new law went into effect requiring the Texas Comptroller of Public Accounts to create and make accessible an online database for local governments to report their economic development agreements authorized by Chapter 380 of the Local Government Code.
View the Texas Comptroller 380 database.