Texas 2025 - 89th Regular

Texas House Bill HB1268 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	89R18216 MLH-D
1	2		By: Button, Hull, Lujan, González of El Paso, H.B. No. 1268
2		-	Fairly~~, et al.~~
3		-
4		-
	3	+	Fairly
	4	+	Substitute the following for H.B. No. 1268:
	5	+	By: Button C.S.H.B. No. 1268
5	6
6	7
7	8		A BILL TO BE ENTITLED
8	9		AN ACT
9	10		relating to the creation of the Texas technology and innovation
10	11		program.
11	12		BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12	13		SECTION 1. Chapter 489, Government Code, is amended by
13	14		adding Subchapter G to read as follows:
14	15		SUBCHAPTER G. TEXAS TECHNOLOGY AND INNOVATION PROGRAM
15	16		Sec. 489.351. DEFINITIONS. In this subchapter:
16	17		(1) "Federal funding program" means the small business
17	18		innovation research and small business technology transfer
18	19		programs established by 15 U.S.C. Section 638.
19	20		(2) "Program" means the Texas technology and
20	21		innovation program established under this subchapter.
21	22		Sec. 489.352. ESTABLISHMENT AND ADMINISTRATION OF PROGRAM.
22	23		The office shall establish and administer the Texas technology and
23	24		innovation program to foster job creation and economic development
24	25		in this state by matching or supplementing money received by a
25	26		business entity through the federal funding program.
26	27		Sec. 489.353. ELIGIBILITY. To be eligible to receive money
27	28		under the program, a business entity must:
28	29		(1) meet at least one of the following conditions:
29	30		(A) be organized under the laws of this state;
30	31		(B) maintain a domestic headquarters in this
31	32		state;
32	33		(C) maintain at least one manufacturing facility
33	34		in this state; or
34	35		(D) have more than half of the entity's employees
35	36		residing in this state;
36	37		(2) meet all requirements to receive money under phase
37	38		one or phase two, or a similar stage, of the federal funding
38	39		program;
39	40		(3) not receive concurrent funding from another state
40		-	program or fund that serves the same purpose as the program;
41		-	(4) use the E-verify program, as that term is defined
42		-	by Section 673.001, to verify information of all new employees; and
43		-	(5) meet any additional requirements under this
	41	+	program or fund that serves the same purpose as the program; and
	42	+	(4) meet any additional requirements under this
44	43		subchapter for the applicable phase under which the business entity
45	44		applies to receive money.
46	45		Sec. 489.354. APPLICATION. (a) A business entity may apply
47	46		to receive money under the program by submitting an application
48	47		under oath to the office on a form prescribed by the office. The
49	48		application must include:
50	49		(1) the business entity's name;
51	50		(2) the business entity's business organization
52	51		structure;
53	52		(3) the business entity's address and any principals
54	53		listed at a different address;
55	54		(4) certification of the information required under
56	55		Section 489.353; and
57	56		(5) any other information required by the office.
58	57		(b) In addition to the requirements of Subsection (a), a
59	58		business entity must provide to the office, as applicable:
60	59		(1) for "phase one" or a similar stage of the federal
61	60		funding program process:
62	61		(A) a notice of award to the entity from a funding
63	62		agency under the federal funding program;
64	63		(B) a final report for the applicable stage as
65	64		required by the federal funding program; and
66	65		(C) a proposal for money under the next stage of
67	66		the federal funding program; and
68	67		(2) for "phase two" or a similar stage of the federal
69	68		funding program process:
70	69		(A) a notice of award to the entity from a funding
71	70		agency under the federal funding program; and
72	71		(B) a final report for the applicable stage as
73	72		required by the federal funding program.
74	73		Sec. 489.355. AWARD OF GRANT; LIMITATIONS. (a) The office
75	74		may award a "phase one" grant under this subchapter immediately on
76	75		fulfillment of the requirements under Section 489.354(b)(1).
77	76		(b) The office may award a "phase two" grant under this
78	77		subchapter immediately on fulfillment of the requirements under
79	78		Section 489.354(b)(2).
80	79		(c) A business entity may assign a grant received under this
81	80		subchapter only with the prior written consent of the office.
82	81		(d) A business entity may not receive more than:
83	82		(1) one grant in each state fiscal year; and
84	83		(2) five grants in each phase under this section.
85	84		Sec. 489.356. FUNDING. (a) The office shall award grants
86	85		as provided by this subchapter from available money and any
87	86		additional money appropriated for purposes of this subchapter.
88	87		(b) The office may solicit and receive gifts, grants, and
89	88		donations from any source to provide additional funding for grants
90	89		awarded under this subchapter.
91	90		SECTION 2. As soon as practicable after the effective date
92	91		of this Act, the Texas Economic Development and Tourism Office
93	92		shall adopt the rules necessary to implement Subchapter G, Chapter
94	93		489, Government Code, as added by this Act.
95	94		SECTION 3. (a) Notwithstanding any other section of this
96	95		Act, in a state fiscal year, the Texas Economic Development and
97	96		Tourism Office is not required to implement a provision found in
98	97		another section of this Act that is drafted as a mandatory provision
99	98		imposing a duty on the office to take an action unless money is
100	99		specifically appropriated to the office for that fiscal year to
101	100		carry out that duty. The Texas Economic Development and Tourism
102	101		Office may implement the provision in that fiscal year to the extent
103	102		other funding is available to the office to do so.
104	103		(b) If, as authorized by Subsection (a) of this section, the
105	104		Texas Economic Development and Tourism Office does not implement
106	105		the mandatory provision in a state fiscal year, the office, in its
107	106		legislative budget request for the next state fiscal biennium,
108	107		shall certify that fact to the Legislative Budget Board and include
109	108		a written estimate of the costs of implementing the provision in
110	109		each year of that next state fiscal biennium.
111	110		SECTION 4. This Act takes effect September 1, 2025.