Once again, Valley Interfaith leaders and allies organized to stop a multi-million dollar tax break for Texas LNG, a billion-dollar company seeking to build a natural gas facility at the Port of Brownsville.
After the company applied for a $160 million tax abatement from Port Isabel ISD, leaders met with trustees, educated community members, and testified at the school board meeting. Following the testimony, the board unanimously rejected the application.
“We should not be taking money meant to educate Texas school children and redirecting it to finance corporate projects,” said Valley Interfaith leader Rosalie Tristan.
Valley Interfaith has a strong track record of protecting public resources and holding corporations accountable. Four years ago, leaders urged the board to reject a similar tax abatement request from Texas LNG, which the district turned down by a unanimous vote.
Valley Interfaith leaders will continue working to ensure local tax dollars support the education and prosperity of their community.
[Photo credit: Monsterrat Pagan, The Brownsville Herald]
Texas LNG Applied for a $160M Tax Break with Port Isabel ISD, Group Says, MyRGV.com [pdf]
Port Isabel ISD Rejects $160M Tax Abatement for Texas LNG, MyRGV.com [pdf]