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TX HB1793
Bill
Status
1/8/2025
Primary Sponsor
Carl Tepper
Click for details
AI Summary
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Establishes tiered job creation and minimum investment requirements for Texas Enterprise Fund grants based on county population size
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Counties with 750,000+ population: recipients must create at least 75 jobs and invest at least $200 million within the first year of the grant agreement
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Counties with 250,000-749,999 population: at least 50 jobs and $100 million investment required; counties with 100,000-249,999 population: at least 35 jobs and $50 million investment required
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Counties with less than 100,000 population: at least 10 jobs and $20 million investment required, with jobs maintained at the average level throughout the grant period
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Qualifying jobs must be new permanent full-time positions requiring at least 1,600 hours annually, excluding construction jobs, and cannot be transfers from existing Texas facilities unless vacancies are filled
Legislative Description
Relating to eligibility requirements to receive a grant from the Texas Enterprise Fund.
Business & Commerce
Last Action
Referred to Trade, Workforce & Economic Development
3/14/2025