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EDC Annual Reports

Reporting Requirements

The Development Corporation Act requires all Type A and Type B corporations to file an annual report with the Texas Comptroller of Public Accounts by Feb. 1 of each year. The report must include:

  • the corporation’s economic development objectives,
  • total revenues and expenditures for the preceding fiscal year,
  • a breakdown of these expenditures and
  • a list of the corporation’s assets.

The Comptroller also may ask for any other information required to determine the use of revenue from sales and use tax imposed under Type A or Type B to encourage economic development in the state.

The Comptroller will use this information to compile the Economic Development Corporation Report for the Legislature each biennium.


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