Prop 10 would create a tax exemption for medical and biomedical equipment. This is a growing industry and this amendment would allow biomedical and medical...
Biotech is quickly becoming a big industry in Texas, and eliminating this tax on medical or biomedical equipment will keep that momentum going.Dallas is also part of this growth, as shown by the development of Pegasus Park. The recent news that the city will be one of three national hubs for the, a federal biotech research agency is part of that narrative as well.
Anchoring medical and biomedical manufacturers in Texas will also increase private investments, opportunities for grants and funding to attract startup ventures.The Texas Medical Association and the Texas Health and Bioscience Institute are supporters of this initiative, and we support it, too.. Dallas Morning News editorials are written by the paper's Editorial Board and serve as the voice and view of the paper.
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