By: Button H.B. No. 4850
A BILL TO BE ENTITLED
AN ACT
relating to programs within the Office of the Governor and the Texas
Economic Development and Tourism Office.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 490D.051(c), Government Code, is amended
as to read as follows:
(c) The criteria established under Subsection (b)(1) must
include a requirement that at least 51% of [all or virtually] all
significant parts and processing of a product originated in this
state.
SECTION 2. Chapter 490H, Government Code, is repealed.
SECTION 3. Sections 481.066(e), Government Code, is amended
to read as follows:
(e) The governor shall appoint an aerospace and aviation
advisory committee consisting of:
(1) seven qualified members to assist in the state's
economic development efforts to recruit and retain aerospace and
aviation jobs and investment; [and]
(2) one member for each active spaceport development
corporation in the state who represents the interests of each
respective spaceport development corporation; [.] and
(3) one qualified member from a federal entity or the Armed
Forces of the United States entity that serves as a liaison to the
office and the aerospace and aviation advisory committee.
SECTION 4. Section 481.167(a), Government Code, is amended
to read as follows:
Sec. 481.167. TEXAS BUSINESS AND COMMUNITY ECONOMIC
DEVELOPMENT CLEARINGHOUSE. (a) The office shall establish the
Texas Business and Community Economic Development Clearinghouse to
provide information and assistance to businesses and communities in
the state [through the use of a statewide toll-free telephone
service].
SECTION 5. This Act takes effect September 1, 2025.