The bill proposes the creation of Texas Science Park Districts in counties with populations of 800,000 or more, or adjacent to such counties, by introducing Chapter 398 to the Local Government Code. These districts aim to enhance the domestic supply chain, promote scientific research and technological innovation, support technology companies, and foster collaboration between educational institutions and industry. The districts will not serve as agents for private interests, although they may benefit both private and public entities. Establishing a district requires a petition from landowners, which must be approved by the Texas Economic Development and Tourism Office, and includes specific requirements for territory, such as access to reliable energy and sustainable water sources.
Additionally, the bill establishes the Texas Science Park Commission within the Texas Economic Development and Tourism Office, consisting of seven members, including legislative and public appointees. This commission is responsible for developing a comprehensive plan for the districts, addressing infrastructure needs, funding sources, and governance strategies, with a report due by December 1, 2026. The bill emphasizes the development of advanced facilities, allows districts to accept gifts and grants, and mandates environmental and operational guidelines. It also includes provisions for annual reporting to the governor and legislature, as well as financial management for district projects, with an effective date set for September 1, 2025.
Statutes affected: Introduced: ()
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