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TX HB4149

Bill

Status

Introduced

3/10/2025

Primary Sponsor

Angie Button

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Amends Section 403.609(b) of the Government Code regarding the comptroller's review of applications under the Texas Jobs, Energy, Technology, and Innovation Act

  • Limits the "compelling factor" requirement for competitive site selection to specific project types described in Section 403.602(8)(A)(i)(a), (c), (d) or (ii)

  • For those specified project types, the comptroller must still find that the tax agreement is a compelling factor in site selection and that without it, the applicant would not invest in Texas

  • Maintains existing requirements that projects must be eligible, generate sufficient tax revenue within 20 years to offset lost school district maintenance and operations tax revenue, and be located in a qualified opportunity zone if claimed

  • Takes effect September 1, 2025

Legislative Description

Relating to the Texas Jobs, Energy, Technology, and Innovation Act.

COMPTROLLER OF PUBLIC ACCOUNTS

Last Action

Referred to Ways & Means

3/27/2025

Committee Referrals

Ways & Means3/27/2025

Full Bill Text

No bill text available