Texas 2015 - 84th Regular

Texas House Bill HB1156

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the establishment of an electronic information and application system for state and local incentives for economic development purposes.

Impact

The proposed bill will streamline the process through which businesses can apply for various incentives, making it less cumbersome and more efficient. By allowing for a single application to cover multiple incentives, the bill is poised to enhance the state's appeal to business entities, potentially driving economic growth and increasing job opportunities. The coordination among state agencies and local governments in this electronic project is expected to improve overall efficacy in administering these incentives.

Summary

House Bill 1156 aims to establish an electronic information and application system for state and local economic development incentives. This initiative intends to create a centralized online platform where businesses considering relocation or expansion in Texas can access detailed information about available monetary and tax incentives. The bill mandates the development of a user-friendly website accessible via the state's electronic portal, facilitating easier navigation for enterprises seeking state support.

Contention

While the bill has garnered support for its potential to boost economic development, it may face scrutiny regarding its implementation and the adequacy of funding for the electronic system. Some stakeholders might raise concerns about privacy and data security given the centralized nature of the information being managed. Additionally, the effectiveness of the system in truly benefiting small versus large businesses could be a point of debate, particularly if larger entities dominate the available incentives.

Companion Bills

No companion bills found.

Previously Filed As

TX SB1926

Relating to the establishment of the Texas Mircale Act (TMA), allowing for certain fees, authorizing certain ad valorem tax incentives for economic development, specifically certain tax relief from school district taxes for certain corporations and limited liability companies that make large investments that create jobs in this state, to authorizing the imposition of certain fees, and the repeal of Chapter 313 of Texas Tax Code and the Economic Development Act of the 77th Legislature.

TX SB1204

Relating to state and local government information technology and information security.

TX HB2421

Relating to the reenactment of expired provisions of the Texas Economic Development Act.

TX HB1515

Relating to the continuation and functions of and certain programs subject to rules adopted by the Texas Economic Development and Tourism Office.

TX SB1940

Relating to the continuation and functions of the Texas Economic Development and Tourism Office.

TX HB580

Relating to a single Internet portal or equivalent electronic system through which Medicaid providers may submit and receive information.

TX SB176

Relating to the establishment of the Texas Parental Empowerment Program and an insurance premium tax credit for contributions made for purposes of that program.

TX HB4807

Relating to the establishment of the Texas Parental Empowerment Program and an insurance premium tax credit for contributions made for purposes of that program.

TX HB27

Relating to the establishment of the Texas Parental Empowerment Program and an insurance premium tax credit for contributions made for purposes of that program.

TX SB1205

Relating to the modernization of information technology of state agencies and certain local governments.

Similar Bills

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CA SB986

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TX HB576

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