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Subsidy Tracker Parent Company Summary
Parent Company Name: Targa Resources
Ownership Structure: publicly traded (ticker symbol TRGP)
Headquartered in: Texas
Major Industry: pipelines
Specific Industry: pipelines
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $105,324,646 | 16 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $105,324,646 | 16 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 2008. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2013.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Texas | $96,691,335 | 9 |
Louisiana | $8,633,311 | 7 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value . | Loan/Bailout Value | Type of Subsidy |
Cedar Bayou Fractionators, LP | Texas | local | 2011 | $15,285,094 | | property tax abatement |
Cedar Bayou Fractionators, LP | Texas | local | 2013 | $13,431,915 | | property tax abatement |
Targa Downsteam, LLC | Texas | local | 2018 | $13,049,325 | | property tax abatement |
Targa Downsteam, LLC | Texas | local | 2018 | $13,049,325 | | property tax abatement |
Targa Downsteam, LLC | Texas | local | 2018 | $12,606,975 | | property tax abatement |
Targa Downsteam, LLC | Texas | local | 2018 | $11,036,633 | | property tax abatement |
Targa Pipeline Mid-Continent Westtex LLC | Texas | local | 2019 | $6,477,912 | | property tax abatement |
Targa Delaware, LLC | Texas | local | 2018 | $5,877,078 | | property tax abatement |
Targa Delaware, LLC | Texas | local | 2018 | $5,877,078 | | property tax abatement |
Targa Resources LLC | Louisiana | state | 2008 | $4,198,680 | | property tax abatement |
Targa Resources LLC | Louisiana | state | 2009 | $2,217,500 | | Enterprise zone |
Targa Resources, LLC | Louisiana | state | 2009 | $852,000 | | Enterprise zone |
Targa Resources, LLC | Louisiana | State | 2018 | $754,631 | | tax credit |
Targa Resources LLC | Louisiana | state | 2009 | $378,500 | | Enterprise zone |
Targa Resources LLC | Louisiana | state | 2010 | $140,000 | | Enterprise zone |
Targa Resources LLC | Louisiana | state | 2010 | $92,000 | | Enterprise zone |
CEDAR BAYOU FRACTIONATORS, L.P. | Texas | state | 2009 | undisclosed | | enterprise zone |
Targa Train 6 LLC | Texas | state | 2019 | undisclosed | | enterprise zone |