Tesla seeks 10-year school property tax break for proposed $10 billion solar cell plant

Tesla is seeking a 10-year school property tax break for a proposed $10.1 billion solar manufacturing plant in Texas’ Fort Bend County.

The project could create 9,712 permanent jobs, according to Tesla’s application, making the incentive decision a key step toward a major economic opportunity for the surrounding community.

Here’s what to know

The proposed facility, called Project Crystal Sun, would occupy part of a 3,057-acre site where FM 1994 meets FM 762 in Lamar Consolidated Independent School District, according to Community Impact.

Texas offers the Jobs, Energy, Technology and Innovation incentive program, known as JETI. Tesla is seeking incentives as it decides where to locate the plant…

Story continues

TRENDING NOW

LATEST LOCAL NEWS