Civic IQ
CONTRACTONGOING
Get alerts

Samsung Continues to Receive TIRZ Tax Incentives

City of Taylor logoCity of Taylor
Disclosed value
Up to 93.5% of property taxes collected on improvements (years 1-10)
From budget
Document date
Aug 11, 2025
Renews
Free account

The 30-second brief

What it covers

Samsung Austin Semiconductor receives rebate incentives under TIRZ No. 2, with up to 93.5% of property tax increments in years 1–10 as part of a 30-year economic development agreement with the City of Taylor.

Who holds it

Samsung Austin Semiconductor holds this financial services contract with City of Taylor.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Taylor contract.

Renewal date on recordLocked

Know when this contract comes back up.

See the renewal date

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
Up to 93.5% of property taxes collected on improvements (years 1-10)
Document date
August 11, 2025
Term
30-year TIRZ, current phase years 1–10 at 93.5% share
Renews
Free account
Vendor
Samsung Austin Semiconductor
Agency
City of Taylor
Source document
city-of-taylor-fy-2026-proposed-budget_33b.pdf (Budget)

Samsung Austin Semiconductor's other public contracts

City of Taylor, Texas$9 Million Tax Abatement Agreement with Samsung Approved · Oct 23, 2025$9MCity of Taylor, TexasSamsung Austin tax abatement on the table · Oct 23, 2025UndisclosedCity of Taylor, TexasSamsung Austin Semiconductor LLC Tax Abatement Agreement · Oct 23, 2025UndisclosedCity of Taylor, TexasSamsung Final Plat Approved for Semiconductor Expansion · Sep 25, 2025UndisclosedCity of Taylor, TexasSamsung gets tax break extension for improvements. · Jun 12, 2025UndisclosedAll Samsung Austin Semiconductor contractsVendor profile

More City of Taylor contracts

Nail ShackNail Shack Front Porch Grant Application Updated · Oct 24, 2026UndisclosedSilver MoonSilver Moon Front Porch Grant Application Updated · Oct 24, 2026UndisclosedPORTO-JONSTaylor Fest Portable Restroom Services Paid to Porto-Jons · Oct 24, 2026$1.3KHawt SpotThe Hawt Spot Receives $1,000 Flood Relief Grant · Oct 24, 2026$1KSweet & Southern FindsSweet and Southern Finds Receives Flood Relief Grant · Oct 24, 2026$1KAll City of Taylor activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Taylor?

Samsung Austin Semiconductor was awarded this financial services contract by City of Taylor, as recorded on August 11, 2025. The contract value is Up to 93.5% of property taxes collected on improvements (years 1-10).

How much is the Samsung Austin Semiconductor contract with City of Taylor worth?

The Samsung Austin Semiconductor contract with City of Taylor is valued at Up to 93.5% of property taxes collected on improvements (years 1-10), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record.

Where was this contract approved?

This contract appears in city-of-taylor-fy-2026-proposed-budget_33b.pdf (Budget), dated August 11, 2025 from City of Taylor. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Samsung Austin Semiconductor hold?

Samsung Austin Semiconductor may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Taylor currently buying?

Explore City of Taylor's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More City of Taylor contracts →Browse all agencies in Texas →