Texas HB4022 amends the Texas Jobs, Energy, Technology, and Innovation Act to revise economic benefit statements and agreements for eligible projects.
HB4022 amends the Texas Jobs, Energy, Technology, and Innovation Act by modifying the requirements for economic benefit statements and agreements for eligible projects. Economic benefit statements must now include specific economic impact estimates, such as job creation, capital investment, and tax revenue generation. Agreements between the governor, a school district, and an applicant must specify project details, construction and incentive periods, and compliance requirements.
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