Establishes science park districts in Texas counties with populations over 800,000 or adjacent to such counties.
The bill creates science park districts in Texas counties with populations of 800,000 or more, or adjacent to such counties. These districts aim to promote scientific research, technological innovation, and economic development. They can impose ad valorem taxes, issue bonds, and accept gifts and grants. Districts must have access to reliable electricity, sustainable water, major transportation networks, and at least 1,000 contiguous acres.
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