TX HB1844

Requires municipal governing bodies to hold a public hearing before establishing, amending, or renewing economic development programs, giving members of the public an opportunity to be heard

Mandates that municipalities enter into written agreements before providing loans, grants, or municipal personnel/services through economic development programs

Requires agreements with for-profit entities to include specific job creation or retention requirements, capital investment commitments, and a schedule detailing these obligations

Includes a clawback provision requiring recipients to repay all benefits received from the municipality if they fail to meet performance requirements outlined in the agreement

Applies the same public hearing and written agreement requirements to home-rule municipalities granting public money to organizations or corporations, with an effective date of September 1, 2025