House Bill No. 1793 amends the eligibility requirements for receiving a grant from the Texas Enterprise Fund. The bill introduces new provisions that require grant agreements to include a minimum number of jobs to be created in Texas, a specified date for job creation, and a minimum investment amount related to the grant's purpose. Specifically, it establishes job creation and investment thresholds based on the population of the county where the grant is utilized, with varying requirements for counties with populations of 750,000 or more, 250,000 to 749,999, 100,000 to 249,999, and less than 100,000.

Additionally, the bill adds a new section, 481.0785, which outlines the specific job creation and investment requirements for grant recipients based on county population. For instance, in counties with populations of at least 750,000, recipients must create at least 75 jobs and invest a minimum of $200 million within the first year. The bill also clarifies that jobs must be new, permanent, full-time positions and sets forth criteria for how these jobs are counted and maintained. The changes will apply only to grant agreements entered into after the bill's effective date of September 1, 2025.

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