Texas Prosperity Payout Act establishes a fund for monthly payouts to eligible residents, funded by taxes on certain industries.

The Texas Prosperity Payout Act establishes the Texas Prosperity Payout Fund, which will issue monthly payouts to eligible residents. The fund is financed by taxes on industries such as cryptocurrency mining, artificial intelligence infrastructure, semiconductor manufacturing, cloud services, large software companies, and telecommunications companies. Eligible residents must be U.S. citizens or lawful permanent residents, at least 18 years old, and have resided in Texas for at least 12 consecutive months.

Texas Prosperity Payout Act establishes a fund for monthly payouts to eligible residents, funded by taxes on certain industries.

The Texas Prosperity Payout Act establishes the Texas Prosperity Payout Fund, which will issue monthly payouts to eligible residents. The fund is financed by taxes on industries such as cryptocurrency mining, artificial intelligence infrastructure, semiconductor manufacturing, cloud services, large software companies, and telecommunications companies. Eligible residents must be U.S. citizens or lawful permanent residents, at least 18 years old, and have resided in Texas for at least 12 consecutive months.