A bill that provides $630 million worth of tax incentives has already made its way out of the House, and is now heading to the Senate floor for a vote.
The bill has been altered from its original wording, streamlining those benefiting down to one business group.
"I explained to my colleagues as we’ve been trying to work through this in the last couple of days: It’s almost like I have to pick which three of my kids gets something and which do not. It’s almost impossible," said Sen. Glenn Hegar, R-Katy, who is carrying the bill in the Senate.
When cities and counties try to attract big businesses, they have several tools in their toolbox. Tax abatements or breaks to businesses that bring jobs have become the new normal, so are they worth it?
Today we talk with Brian Kelsey, professor at the University of Texas, Austin and principle at Civic Analytics, and with David Marquez from Bexar County Economic Development about what these all mean and why cities and counties are going this route.