The End of Texas Chapter 313: What the JETI Program Means for Projects
For years, Chapter 313 provided Texas with one of the most powerful incentive tools in the country. Its expiration left many companies wondering how the state would remain competitive. Today, the Jobs, Energy, Technology, and Innovation (JETI) program is filling that role, but with important differences.
How JETI Differs from Chapter 313
Unlike Chapter 313, JETI is more targeted. It focuses on industries such as clean energy, advanced manufacturing, and technology, requiring companies to demonstrate both job creation and capital investment.
Opportunities for Companies
JETI awards can still provide significant tax savings, but the process is more competitive. Companies that align their projects with state priorities have the best chance of success.
Challenges to Be Aware Of
- Higher compliance requirements
- More detailed application processes
- Limited annual caps compared to Chapter 313
A Strategic Approach
Companies pursuing JETI must be deliberate in site planning and community engagement. At Five Points, we help businesses prepare applications that demonstrate clear economic impact and maximize eligibility under the new program.
