Freeport Tax Exemption For Personal Property Taxes

The City of Stafford was voted in the 100 Best Places to Live and Launch by Fortune Small Business partly because of the business friendly environment the City offers. The Freeport Tax Exemption plays a large role in making Stafford a great place to do business. Since the City of Stafford has no City property tax and has two eligible taxing entities under the Freeport Tax Exemption, businesses capitalize the most savings in Fort Bend County and the Houston region.

What is the Freeport Tax Exemption?

The Freeport Tax Exemption is a property tax exemption which includes various types of property detained in Texas for a short period of time (175 days or less) to be transported out of Texas.

Who offers the Freeport Tax Exemption?

The Freeport Tax Exemption is offered by specific cities, counties, and school districts. The City of Stafford is unlike many cities in that two tax entities (City of Stafford, Stafford Municipal School District, and Fort Bend County Water Control and Improvement District No. 2) are part of the program.

Who is eligible for the Freeport Tax Exemption?

The Freeport Tax Exemption does require that certain elements be met:

  • The exemption applies to goods, wares, ores, and merchandise other than oil, gas, and petroleum products (defined as liquid and gaseous materials immediately derived from refining petroleum or natural gas) and to aircraft or repair parts used by a certificated air carrier.
  • The freeport goods qualify if they leave Texas within 175 days from the date they are brought into or acquired in the state.
  • Goods must be in Texas for assembling, storing, manufacturing, repair, maintenance, processing or fabricating purposes.

Who administers the Freeport Tax Exemption and how can I apply?

The Freeport Tax Exemption is administered by the Texas Comptroller of Accounts. For more information or to apply Click Here.

Documentation is also required to be filed with the Fort Bend Central Appraisal District. For more information on those requirements Click Here