I don't know the specifics, but I'd bet a quarter billion dollars that they didn't add clawback provisions. "The Great American Jobs Scam" goes into this is great detail - https://goodjobsfirst.org/gajs/
The linked article says, in reference to Oracle relocating its HQ to Austin:
Oracle, which was founded in Santa Clara, Calif., in 1977, later had its headquarters in Redwood City. The software giant, at the time of its move to Texas, said that relocation was to allow a more flexible approach to its workforce
The company had neither asked for nor received economic incentives from Austin to relocate, said city officials. Nashville pledged $175 million in incentives and the state of Tennessee $65 million to help build the Oracle campus in 2021
Abbott claws back from the population all the time but will never touch businesses. I don't know they received monetary compensation to move here, but they did tear down affordable housing and a few apartment complexes to build their campus here so that sucks.
Comments
I don't know the specifics, but I'd bet a quarter billion dollars that they didn't add clawback provisions. "The Great American Jobs Scam" goes into this is great detail - https://goodjobsfirst.org/gajs/
The linked article says, in reference to Oracle relocating its HQ to Austin:
So it would be technically correct to say that Oracle has not returned any tax incentives to Austin.
Abbott claws back from the population all the time but will never touch businesses. I don't know they received monetary compensation to move here, but they did tear down affordable housing and a few apartment complexes to build their campus here so that sucks.