Perspective: Samsung recently filed 11 tax credits for the construction of semiconductor manufacturing plants in suburban Austin, Texas. Applications for state-supported stimulus programs were posted on the Texas State Comptroller’s website earlier this week. If continued, the semiconductor giant could invest up to $200 billion in the Austin and Taylor areas.

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Applications are part of the Texas Chapter 313 an incentive program that provides companies with a 10-year cap on the taxable value of a property in exchange for an applicant installing facilities and creating jobs within a defined area. Offers follow Samsung. plans build a $17 billion semiconductor manufacturing plant northeast of Austin.

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The move, if implemented, would expand Samsung’s manufacturing operations in Texas with two plants in Austin and nine more in nearby Taylor. But there is no guarantee that objects will become reality. According to Samsung Michelle Gleizes, the company has no specific plans for the construction of facilities at the moment. Instead, chapter 313 annexes are part of “…Samsung’s long-range planning process to assess the viability of potential construction of additional manufacturing plants in the United States.” None of the Chapter 313 applications have received final approval at this time.

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The pending applications, which could amount to nearly $5 billion in tax credits for Samsung, are a major factor in the company’s future decision to build additional facilities in the area. The apps themselves do not in any way guarantee that Samsung will invest in this area. Failure to secure the incentive instead may force the company to change its current long-term plans and reconsider a more tax-favorable location.