Chapter 380 of the Texas Local Government Code allows Forney to offer a range of incentives for economic development, including the ability to rebate some of the city's portion of the 1.0% sales and use tax collected from business entities located in the jurisdiction.
Local Development Agreement Database
In May 2021, the 87th Texas Legislature passed House Bill 2404, which went into effect Sept. 1, 2021, and requires the Texas Comptroller of Public Accounts to create and make accessible an online database for local governments to report their economic development agreements authorized by either Chapter 380 or Chapter 381 of the Local Government Code. Chapter 380/381 Economic Development Agreements are available at the state comptroller's website at the following link: https://comptroller.texas.gov/economy/local/ch380-381/reporting-search.php. The agreements can be found by searching "Forney" in the name of local government field.