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News

Texas Energy Company Announces New Pipeline To The Texas Gulf Coast And Partnership With Calhoun Port Authority
Sep 24, 2020
New Pipeline will connect the Eagle Ford Basin directly to the Port of Calhoun, creating more than 1000 new Texas jobs and increasing Texas oil exports.
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COVID-19 Business Recovery Survey Results
Sep 15, 2020
Victoria EDC has partnered with economic development professionals in the region to conduct an impact analysis project as a member of the COVID-19 Business Resources Working Group. The results of the surveys will provide our legislators and local elected officials valuable information as they work to help our community and state recover.
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Opening Texas
May 07, 2020

The Texas Governor’s Strike Force to Open Texas has provided Guidelines and Open Texas Checklists to help safely and strategically restart and revitalize all aspects of the Lone Star State. All Texans are called on to act responsibly while helping protect our most vulnerable neighbors. 

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Triple Freeport Tax Exemption

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The City of Victoria, Victoria County, Victoria Independent School District, and Bloomington Independent School District all allow Freeport exemption on certain types of tangible personal property (i.e., inventory) from ad valorem (property) taxation provided the property is:

  • Acquired in or imported into Texas to be forwarded out of the state.
  • Detained in Texas for assembling, storing, manufacturing, processing, or fabricating purposes by the entity acquiring or importing it.
  • Transported out of state within 175 days after the date acquired or imported it into Texas.

Please contact VEDC to learn if your business can benefit from this program.

Local Office: 361-485-3190
Toll Free: 800-765-8198 

vedc@victoriaedc.com