TX HB112

Authorizes creation of Texas Science Park Districts in counties with populations of 800,000+ or adjacent counties, with landowners petitioning the Texas Economic Development and Tourism Office for district formation

Districts must have access to reliable high-capacity electric generation/storage, abundant water sources, and proximity to major transportation networks (highways, rail, seaports, or international airports)

Establishes a 9-member board of directors (initially appointed by governor, lieutenant governor, and speaker; later elected to 2-year terms) to govern each district, with powers including developing research centers, technology incubators, advanced manufacturing facilities, and workforce training programs

Creates the Texas Science Park Commission (7 members) within the Texas Economic Development and Tourism Office to develop a comprehensive plan for district creation and operation, with a report due December 1, 2026, and commission abolishment on September 1, 2027

Districts may issue bonds for projects, accept grants and donations, adopt land use restrictions, and collaborate with universities, private companies (excluding those from countries designated as "countries of particular concern"), and government agencies, but may not impose taxes