89th Legislature

HB 4149

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 4149 establishes the Texas Jobs, Energy, Technology, and Innovation Act, which modifies the process for approving economic development agreements that involve school district tax incentives. The bill sets conditions for the Texas Comptroller to approve such agreements, ensuring proposed projects are likely to generate sufficient tax revenue within 20 years to offset school district tax losses.
Author
Angie Chen Button
John Smithee
Mihaela Plesa
Keith Bell
Oscar Longoria