The Abatement RegisterWilliamsonAgreement 0005223
Texas Chapter 380 / 381 agreement · Williamson

SAMSUNG AUSTIN SEMICONDUCTOR, LLC

Agreement 0005223, filed with the Texas Comptroller by WILLIAMSON COUNTY.

85–90%of Ad Valorem Taxes abated
January 31, 2026performance deadline
The obligation

What the contract requires.

“obtain a Certificate of Occupancy (“CO”) for this square footage from the City of Taylor, Texas by J anuary 31, 2026”Executed agreement, p. 3
“the Company intends to create up to 1,800 Full-Time Equivalent J obs”Executed agreement, p. 1
The repayment remedy

What happens if it is not met.

“County may recapture and collect from Company the amount(s) of Grants already paid by County to Company for three (3) years directly preceding the date of the notice of default.”Executed agreement, p. 7

The remedy here is discretionary — the clause says it may be applied, not that it must be.

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · Ad Valorem Taxes · p. 5

What was abated, and for how long.

90%first ten (10) years
85%second ten (10) years

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyWILLIAMSON COUNTYWILLIAMSON COUNTY (hereinafter referred to as "County")1
Contracting entitySAMSUNG AUSTIN SEMICONDUCTOR, LLCSAMSUNG AUSTIN SEMICONDUCTOR, LLC (hereinafter referred to as "Company")1
Parent / guarantorNot stated in the agreement—
InstrumentChapter 381 Economic Development Program and AgreementThis CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT1
Governing chapterChapter 381, Local Government Code<<<PAGE 1>>> WILLIAMSON COUNTY AND SAMSUNG AUSTIN SEMICONDUCTOR, LLC CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT This CHAPTER 381 ECONOMIC DEVELOPMENT PROGRAM AND AGREEMENT (this "Agreement") is made and entered into by and between WILLIAMSON COUNTY (hereinafter referred to as "County”), a Texas political subdivision, and SAMSUNG AUSTIN SEMICONDUCTOR, LLC (hereinafter referred to as "Co—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committed1,800 recital language, not a covenantthe Company intends to create up to 1,800 Full-Time Equivalent J obs1
Wage requirementNot stated in the agreement—
Square footage6,000,000a minimum of 6,000,000 square feet of Facilities on the Land2
Acreage1,187.5Approximately 1,187.5 acres, generally located Southwest of downtown Taylor, Texas10
Performance deadlineJanuary 31, 2026obtain a Certificate of Occupancy (“CO”) for this square footage from the City of Taylor, Texas by J anuary 31, 20263
ExpirationNot stated in the agreement—
Effective dateNovember 29, 2021as of the 29th day of November _, 2021 (the “Effective Date”)1
SignatorySang Sup JeongName:_S@ng Sup Jeong9
Chain statusSuperseded by agreement 0007988—
Parcels · p. 10
R019409 · R019700 · R020073 · R019412 · R019701 · R020074 · R019411 · R020004 · R430327 · R019702 · R020075 · R019408 · R019261 · R019977 · R019262 · R092013 · R019706 · R020076 · R019209 · R019237 · R594305 · R019965 · R019230 · R019703 · R019705 · R577898 · R019264 · R019263 · R107030 · R019259 · R333621 · R337975 · R019267 · R019260 · R019269
How to check this page

Every line above is in the contract.

Agreement 0005223 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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