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Thirty-year TIRZ incentive grants for Samsung

City of Taylor logoCity of Taylor
Document date
Dec 11, 2025
Renews
Free account

The 30-second brief

What it covers

Under a Tax Increment Reinvestment Zone No. Two Economic Development and Chapter 380 Agreement, the City of Taylor grants Samsung Austin Semiconductor LLC up to 30 years of annual property tax-based incentives. Grant percentages range from 92.5% to 85% of City real property taxes over the life of the agreement.

Who holds it

Samsung Austin Semiconductor LLC holds this financial services contract with City of Taylor. Its other public contracts on record include work for Travis County and City of Austin city.

What happens next

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Contract details

Contract type
Financial Services
Document date
December 11, 2025
Term
Up to 30 years of Annual Grants funded from TIRZ No. 2 tax increment
Renews
Free account
Vendor
Samsung Austin Semiconductor LLC
Agency
City of Taylor
Source document
City of Taylor Agenda Packet 2025-12-11 (AgendaPacket)

Samsung Austin Semiconductor LLC's other public contracts

Travis County, TexasCounty Reviews Samsung Economic Development Agreement · Oct 25, 2026UndisclosedCity of Taylor, TexasSamsung DRRA funds expedited project reviews · Dec 11, 2025City of Taylor, TexasSamsung tax abatement agreement detailed for TIRZ · Dec 11, 2025UndisclosedCity of Austin city, TexasAustin Nominates Samsung for Enterprise Project Status · Nov 20, 2025UndisclosedCity of Taylor, TexasTIRZ Board Ratifies Samsung Tax Abatement Amendment · Oct 23, 2025UndisclosedAll Samsung Austin Semiconductor LLC contractsVendor profile

More City of Taylor contracts

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Questions about this contract

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

Samsung Austin Semiconductor LLC was awarded this financial services contract by City of Taylor, as recorded on December 11, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Taylor Agenda Packet 2025-12-11 (AgendaPacket), dated December 11, 2025 from City of Taylor. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Samsung Austin Semiconductor LLC hold?

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

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