• 519 9th St., Hempstead, TX 77445

Local Incentives

Incentives Process

Waller County considers extending incentives on a case-by-case basis for qualifying businesses. Each prospect interested in receiving incentives must complete an economic impact analysis. This analysis is free and will help determine if a company qualifies.

In no particular order, the primary things that we consider include:

  • Will the company help diversify our economy?
  • Does the company provide market or above market wages?
  • Is there a negative environmental impact?
  • What is the risk associated with the company's industry?
  • Will the company help achieve development goals?

To be successful, the company must provide an overall positive economic impact. If the analysis shows a good impact and return to the county, then we can start the first round of discussions to see what may be most fitting. If things are agreeable, the company is encouraged to submit an application for incentives. There is a $1000.00 application fee that must be paid at the time the application is submitted to the county. VERY IMPORTANT: If you think you may qualify for incentives, do not start construction before applying.

Tax Abatement
In general, Waller County prefers to use property tax abatements, for qualifying companies, as the primary incentive to assist existing and new companies. If you qualify and have submitted the application, the final step is to get approval from Waller County Commissioners' Court. They are the final authority for approving incentives. Contact us for a copy of the latest incentive policies.

Chapter 381 Development Agreements

The State of Texas has given counties the flexibility to create specific development agreements often referred to as Chapter 381 agreements. These agreements are usually best suited for very large projects. They are negotiated based on the total impact a project has on the community, the overall strength of the project and where the project is located.

This tool allows counties to negotiate directly with developers and businesses when necessary. These agreements can take a wide variety of forms and are negotiated based on the specific requirements and project specifications. Generally these agreements help to get projects started much faster than some of the standard legislated solutions such as a MUD district. Call our office for details if you think your project will benefit from this type of agreement.

Freeport Tax Exemptions

The Freeport Tax Exemption is an inventory tax incentive applied to products shipped into and out of the State of Texas within a six-month period. The State of Texas allows counties and cities to raise tax revenue through advisor property tax. This is a challenge to manufacturers that have large inventory costs and companies specializing in distribution of products.

For the state and local communities to stay competitive in these qualifying industries, the Texas Legislature has created an exemption to tax on inventory, allowing taxing jurisdictions to institute the Freeport Tax Exemption.

Freeport exemptions are available from all of the cities in Waller County except Katy. It is also available from Waller ISD and Hempstead ISD. If your business can benefit from this program, call the Waller County Appraisal District (979-921-0060) and complete the required paperwork.

City Economic Development Contacts

If you are considering a project within the corporate limits of a city, please contact them to get information about their respective incentive programs.

  • Brookshire
  • Katy
  • Hempstead
  • Prairie View
  • Waller

Brookshire EDC is located in City Hall
4029 5th St.
Brookshire, TX 77423

Visit their website