For Immediate Release
Contact: Father Miles Brandon – 512-484-0590
May 18, 2022
Central Texas Interfaith Statement Opposing NXP Chapter 313 Application to AISD
It is shameful to take money from schoolchildren to line the pockets of multinational corporations. Central Texas Interfaith unequivocally opposes NXP’s request for 10-year tax abatement from AISD under the failed Chapter 313 program. During the 2021 Texas legislative session, Central Texas Interfaith and its Texas IAF sister organizations, with bi-partisan legislative support, stopped the reauthorization of Chapter 313, the state’s largest corporate welfare program which drains over $1Billion/year in potential money for public schools and lines the pockets of oil, gas, and manufacturing companies.
Hardworking taxpayers don’t get this type of giveaway, nor do small businesses or responsible corporations. We want our tax money to go to public schools, but not to pay the bill for corporations shirking their responsibility to public education. Without a Chapter 313 tax giveaway, NXP would have to pay its full share of school taxes, which would directly benefit Texas schoolchildren.
NXP’s Chapter 313 application was posted less than 24 hours before AISD Trustees are set to vote on it today. As a citizens’ organization, we are at a loss as to how we even have a public debate about accepting an application whose terms were made public just hours before a board meeting. We want good jobs, we want companies to expand in Austin, but we want NXP to pay their fair share of taxes to Texas schoolchildren like the rest of us.
• See our “Myths versus Realities” document on NXP’s request for a Chapter 313 giveaway.