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<br />. <br /> <br /> <br />. <br /> <br />T:ax Abateilllel1t Initi:atives (c2l)~_.) <br /> <br />* <br /> <br />Harris County policy establishes a cap. Abatement Cap = $750,000 <br />per job created/retained times the # of jobs. To determine the <br />amount of each years exemption, the Adjusted Cap is multiplied by <br />a sliding scale. <br /> <br />Year Abated <br />1-~ including construction <br />4: <br />5: <br />6' <br />7-~0 <br /> <br />~ <br />100% <br />80% <br />60% <br />40% <br />20% <br /> <br />* <br /> <br />, <br /> <br />Harris County also provides 'a separate category for Research and <br />D~velop~e_n~~rojec~s. I (t] <br /> <br />. <br /> <br />2 <br />