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News

Apr 03, 2020
Interactive and up-to-date information about the spread of the Coronavirus across counties in Texas and the nation.
Apr 02, 2020
VEDC is partnering with Corpus Christi's Regional EDC to better understand the impact of the COVID-19 crisis on our local business community. We are participating in an impact analysis project as a member of the COVID-19 Business Resources Working Group that is conducting a series of local business surveys.
Mar 28, 2020
Individuals, small businesses, big corporations, hospitals and public health, federal safety net, state and local governments, and education are the six main groups that would see the largest impact from the Coronavirus Aid, Relief, and Economic Security Act passed in the House and Senate.

Triple Freeport Tax Exemption

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