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Brownsville Economic Development Council has earned the CompetitiveReady Seal, an endorsement of the area´s overall capacity to support business development. Brownsville is the first CompetitiveReady community to receive the seal. Located at the southern tip of Texas, on the border with Mexico, Brownsville offers access to international trade through the Port of Brownsville. Other advantages that stood out for the auditors included safety, ongoing improvements to the infrastructure, and cooperative leadership that has made Brownsville a leader in business attraction and job growth.

Greater Brownsville Incentives Corporation

02/28/2012 — admin

Though legislators have always understood the need to promote economic development, prior to 1979 there were few statutory vehicles that facilitated such efforts. Business leaders expressed this concern to the Texas Legislature and asked for authorization to create an entity that could encourage the development of new local commerce.

Brownsville 4A Economic Development Tax

In 1989, the Texas Legislature amended the Development Corporation Act by adding Section 4A, which allowed the creation of a new type of development corporation. The proceeds from the Section 4A sales tax were dedicated by statute to economic development projects to promote new and expanded industrial and manufacturing activities.

After the passage of the 4A Economic Development Sales Tax in 1992 came the subsequent funding of the Greater Brownsville Incentives Corporation (GBIC). Ten years later, the 4A Economic Development Sales Tax was split into a Type A and Type B, going from a half-cent sales tax towards Type A, to a quarter-cent sales tax towards each (Type A and Type B). The latter sales tax, Type B, is used for "quality of life" projects, such as educational endeavors, parks, and museums. 

 

 
GBIC Board of Directors

Sandra Langley - President                                        
Email: slangley@fcbtx.com  

Ruben Gallegos
Email: procoor@aol.com

David Betancourt                                                                          
Email: david.betancourt@co.cameron.tx.us

Ed Sikes
Email: eddie.sikes@roystonlaw.com

Al Villarreal
Email: alvillarreal@ibc.com