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Samsung Eyes Tax Breaks for Expansion Near Austin, Texas (1)

May 23, 2022, 6:50 PM

Samsung Electronics Co. is considering additional investment near Austin, Texas, just six months after the company announced plans to build a multibillion-dollar plant in the region.

The Korean tech giant is seeking tax breaks from two exurban school districts, Manor and Taylor, which have called special meetings Tuesday for board members to decide whether to move forward with Samsung’s application for property-tax breaks known as a Chapter 313 agreement. If approved, the boards would then file a formal application with the state comptroller’s office.

“While we do not have specific plans to build at this time, the Chapter 313 ...