Incentives · Type 4B Authority

Statutory tools, evaluated case by case.

PEDC operates under Type 4B authority, which enables participation in a range of qualifying economic development activities.

Every incentive is subject to formal review.

The Pecos 4B Economic Development Corporation (PEDC) operates under Type 4B authority pursuant to the Texas Development Corporation Act. Incentives are considered on a case-by-case basis and are subject to board approval and applicable agreements.

Availability depends on project type, capital investment, job creation, and compliance with statutory requirements and local policy. All incentives require formal review, documentation, and approval by the appropriate governing body.

Type 4B Economic Development Authority

Type 4B authority may allow participation in qualifying projects, including infrastructure improvements, land or building participation, and other eligible economic development activities consistent with Texas law.

Chapter 380 Agreements

The Town of Pecos City may consider Chapter 380 agreements pursuant to Texas Local Government Code, subject to Town Council approval.

Tax Abatement

Property tax abatement may be considered for qualifying projects in accordance with statutory requirements and locally adopted guidelines.

Tax Increment Reinvestment Zone (TIRZ)

Projects located within designated areas may be eligible for participation in a Tax Increment Reinvestment Zone structure, where applicable.

Local Assistance Areas

PEDC may assist with matching dollars for infrastructure and improvements, land, facilities, relocation, and workforce.

Opportunity Zone Context

Some projects or sites may include Qualified Opportunity Zone considerations. Eligibility and tax treatment should be reviewed with project counsel.

Contact PEDC to Discuss Incentive Eligibility View Available Sites
Engage

Ready to Evaluate Opportunities?

Whether considering expansion, site development, or intergovernmental coordination, PEDC works directly with businesses and public entities to review project-specific considerations.

Office119 South Cedar, Pecos, TX
Phone(432) 445-9960
HoursMon - Fri · 8:00 - 5:00 CT
AuthorityTexas Type 4B EDC
FAQ

Frequently asked questions

What Texas business incentives are available in Pecos?
The Pecos Economic Development Corporation offers project-based Texas business incentives that may include Type 4B funding, infrastructure participation, land and facility assistance, workforce support, tax abatements, and Chapter 380 agreements, depending on project eligibility and approval.
Who qualifies for business incentives in Pecos, Texas?
Eligibility is evaluated on a case-by-case basis and generally considers factors such as capital investment, job creation, industry type, project impact, and compliance with local and state economic development policies. PEDC works directly with businesses to review potential opportunities.
How do I apply for Texas business incentives through PEDC?
Businesses interested in expanding or relocating to Pecos should contact the Pecos Economic Development Corporation to discuss their project. The PEDC team provides guidance on available incentives, site selection, and the application process while coordinating with local and state partners when appropriate.