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, as well as a specified date for job creation. Additionally, it mandates that recipients must make a minimum investment in the purposes for which the grant is intended. The new section 481.0785 outlines specific job creation and investment requirements based on the population of the county where the grant is utilized, with varying thresholds for counties with populations of 750,000 or more, 250,000 to 749,999, 100,000 to 249,999, and less than 100,000.

The bill also establishes criteria for what constitutes a qualifying job, emphasizing that it must be a new permanent full-time position, excluding construction jobs, and must not replace existing jobs. Furthermore, it allows the governor to adopt rules for interpreting and administering these new requirements. The changes will apply only to grant agreements entered into on or after the effective date of the Act, which is set for September 1, 2025.

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