S.B. No. 2066 is a legislative bill that proposes the repeal of the Texas Research Incentive Program by eliminating Subchapter F of Chapter 62 in the Education Code. This action signifies a significant change in the state's approach to funding and supporting research initiatives, as the program was designed to incentivize research activities within Texas educational institutions.

The bill stipulates that it will take effect immediately if it secures a two-thirds majority vote from all elected members in both houses of the legislature. If this threshold is not met, the bill will come into effect on September 1, 2025. The bill has already passed both the Senate and the House with substantial support, indicating a strong legislative consensus for its enactment.

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