0 Articles
0 News
0 Properties
0 Page
Add information from throughout the site by clicking the "Add" link.
Click "View Custom Report" to view your customized report. Email, print or create a PDF.
0 Articles
0 News
0 Properties
0 Page

News

Mar 28, 2020
Individuals, small businesses, big corporations, hospitals and public health, federal safety net, state and local governments, and education are the six main groups that would see the largest impact from the Coronavirus Aid, Relief, and Economic Security Act passed in the House and Senate.
Mar 21, 2020
VEDC directs you to available local, state, and federal resources.
Dec 17, 2019
Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, today announced that it will permanently close its Point Comfort alumina refinery in Texas.

Triple Freeport Tax Exemption

The City of Victoria, Victoria County, Victoria Independent School District, and Bloomington Independent School District all allow Freeport exemption on certain types of tangible personal property (i.e., inventory) from ad valorem (property) taxation provided the property is:

  • Acquired in or imported into Texas to be forwarded out of the state.
  • Detained in Texas for assembling, storing, manufacturing, processing, or fabricating purposes by the entity acquiring or importing it.
  • Transported out of state within 175 days after the date acquired or imported it into Texas.

Please contact VEDC to learn if your business can benefit from this program.

Local Office: 361-485-3190
Toll Free: 800-765-8198 

vedc@victoriaedc.com