Texas HB105 amends the Texas Jobs, Energy, Technology, and Innovation Act to update agreements for eligible projects.

Texas HB105 amends the Texas Jobs, Energy, Technology, and Innovation Act by updating agreements for eligible projects. The bill specifies the construction and incentive periods for projects, determines taxable value during the incentive period, and requires compliance with jobs and investment requirements. It also mandates that applicants offer a group health benefit plan for full-time employees and execute a performance bond. The changes apply to agreements entered into on or after the effective date of the bill, which is September 1, 2025.

Texas HB105 amends the Texas Jobs, Energy, Technology, and Innovation Act to update agreements for eligible projects.

Texas HB105 amends the Texas Jobs, Energy, Technology, and Innovation Act by updating agreements for eligible projects. The bill specifies the construction and incentive periods for projects, determines taxable value during the incentive period, and requires compliance with jobs and investment requirements. It also mandates that applicants offer a group health benefit plan for full-time employees and execute a performance bond. The changes apply to agreements entered into on or after the effective date of the bill, which is September 1, 2025.