The Abatement RegisterBexarAgreement 0014377
Texas Chapter 380 / 381 agreement · Bexar

TOYOTA MOTOR MANUFACTURING, TEXAS, INC.

Agreement 0014377, filed with the Texas Comptroller by THE COUNTY OF BEXAR.

$1,050,000,000.00committed capital investment
$250,000.00grant or incentive
100%of Real Property Improvements and Personal Property abated
December 31, 2031performance deadline
The obligation

What the contract requires.

“such investments must be completed by December 31, 2031.”Executed agreement, p. 7
“create Two Thousand (2,000) “New Full-Time Jobs” over the next four (4) years”Executed agreement, p. 1
“COMPANY agrees that its investment in Real Property to be located at the Facility shall be in an amount not less than ONE BILLION FIFTY MILLION DOLLARS AND NO CENTS. ($1,050,000,000.00).”Executed agreement, p. 7
The repayment remedy

What happens if it is not met.

“COMPANY agrees to repay to COUNTY all, or a portion, of ad valorem taxes previously abated hereunder as provided below.”Executed agreement, p. 13

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 · Real Property Improvements and Personal Property · p. 5

What was abated, and for how long.

100%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 bodyTHE COUNTY OF BEXARbetween THE COUNTY OF BEXAR, a political subdivision of the State of Texas (‘COUNTY’)1
Contracting entityTOYOTA MOTOR MANUFACTURING, TEXAS, INC.TOYOTA MOTOR MANUFACTURING, TEXAS, INC., a Texas corporation1
Parent / guarantorToyota Motor North America, Inc.with a copy to: Toyota Motor North America, Inc.16
InstrumentTAX ABATEMENT AND GRANT AGREEMENTThis TAX ABATEMENT AND GRANT AGREEMENT (“Agreement”)1
Governing chapterChapter 381, Local Government Codeand 297872581.12 <<<PAGE 2>>> WHEREAS, COUNTY will also provide COMPANY with a grant, pursuant to Chapter 381.004, of up to Two Hundred Fifty Thousand Dollars ($250,000.00) for certain jobs described in this Agreement;—
Capital investment$1,050,000,000.00COMPANY agrees that its investment in Real Property to be located at the Facility shall be in an amount not less than ONE BILLION FIFTY MILLION DOLLARS AND NO CENTS. ($1,050,000,000.00).7
Grant or incentive$250,000.00COUNTY will also provide COMPANY with a grant, pursuant to Chapter 381.004, of up to Two Hundred Fifty Thousand Dollars ($250,000.00)2
Jobs committed2,000 recital language, not a covenantcreate Two Thousand (2,000) “New Full-Time Jobs” over the next four (4) years1
Wage requirement$20.18 per hourone hundred percent (100%) of all Employment Positions shall be paid a minimum wage, not including benefits, of at least twenty dollars eighteen cents ($20.18) per hour.10
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2031such investments must be completed by December 31, 2031.7
ExpirationDecember 31, 2047Recapture Period’ for purposes of this Agreement shall mean the period beginning on January 1st of the year immediately following the year in which the Tax Abatement Period (as defined in Article I, Paragraph 1.21) ends and continuing for a period of six (6) years through December 31st of that sixth year.5
Effective dateJune _, 2026This Agreement was approved by Order of the Commissioners Court dated June _, 202618
SignatoryFrank VossName: Frank Voss19
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
How to check this page

Every line above is in the contract.

Agreement 0014377 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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