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Chevron seeks school-district tax break for Texas power plant

newsMay 11, 2026658

Chevron is pursuing a school-district property tax incentive from a Texas district to support construction of a new natural gas power plant. The incentive could cut Chevron's local tax bill by hundreds of millions of dollars while the plant will primarily supply industrial operations rather than residential customers. Texas lawmakers are beginning to scrutinize large taxpayer incentives for facilities such as data centers, making this request a potential test case for tighter limits on local tax breaks. Approving the deal would shift property-tax revenue away from local schools and toward the company's plant, with direct consequences for school budgets.

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