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SB2322 • 2025

Relating to the findings required to be made by the comptroller of public accounts in order to recommend for approval an application for a limitation on the taxable value of eligible property for school district maintenance and operations ad valorem tax purposes under the Texas Jobs, Energy, Technology, and Innovation Act.

Relating to the findings required to be made by the comptroller of public accounts in order to recommend for approval an application for a limitation on the taxable value of eligible property for school district maintenance and operations ad valorem tax purposes under the Texas Jobs, Energy, Technology, and Innovation Act.

Education Energy Taxes Technology
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
King
Last action
2025-05-26
Official status
05/26/2025 H Placed on General State Calendar
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relating to the findings required to be made by the comptroller of public accounts in order to recommend for approval an application for a limitation on the taxable value of eligible property for school district maintenance and operations ad valorem tax purposes under the Texas Jobs, Energy, Technology, and Innovation Act.

Relating to the findings required to be made by the comptroller of public accounts in order to recommend for approval an application for a limitation on the taxable value of eligible property for school district maintenance and operations ad valorem tax purposes under the Texas Jobs, Energy, Technology, and Innovation Act.

What This Bill Does

  • Relating to the findings required to be made by the comptroller of public accounts in order to recommend for approval an application for a limitation on the taxable value of eligible property for school district maintenance and operations ad valorem tax purposes under the Texas Jobs, Energy, Technology, and Innovation Act.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-05-26 Texas Legislature Online

    Placed on General State Calendar

  2. 2025-05-24 Texas Legislature Online

    Considered in Calendars

  3. 2025-05-23 Texas Legislature Online

    Comte report filed with Committee Coordinator

  4. 2025-05-23 Texas Legislature Online

    Committee report distributed

  5. 2025-05-23 Texas Legislature Online

    Committee report sent to Calendars

  6. 2025-05-21 Texas Legislature Online

    Considered in formal meeting

  7. 2025-05-21 Texas Legislature Online

    Reported favorably w/o amendment(s)

  8. 2025-04-30 Texas Legislature Online

    Read first time

  9. 2025-04-30 Texas Legislature Online

    Referred to Ways & Means

  10. 2025-04-29 Texas Legislature Online

    Rules suspended-Regular order of business

  11. 2025-04-29 Texas Legislature Online

    Record vote

  12. 2025-04-29 Texas Legislature Online

    Read 3rd time

  13. 2025-04-29 Texas Legislature Online

    Passed

  14. 2025-04-29 Texas Legislature Online

    Record vote

  15. 2025-04-29 Texas Legislature Online

    Reported engrossed

  16. 2025-04-29 Texas Legislature Online

    Received from the Senate

  17. 2025-04-28 Texas Legislature Online

    Rules suspended-Regular order of business

  18. 2025-04-28 Texas Legislature Online

    Record vote

  19. 2025-04-28 Texas Legislature Online

    Read 2nd time & passed to engrossment

  20. 2025-04-28 Texas Legislature Online

    Record vote

  21. 2025-04-23 Texas Legislature Online

    Placed on intent calendar

  22. 2025-04-22 Texas Legislature Online

    Reported favorably as substituted

  23. 2025-04-22 Texas Legislature Online

    Committee report printed and distributed

  24. 2025-04-15 Texas Legislature Online

    Considered in public hearing

  25. 2025-04-15 Texas Legislature Online

    Vote taken in committee

  26. 2025-04-07 Texas Legislature Online

    Scheduled for public hearing on . . .

  27. 2025-04-07 Texas Legislature Online

    Considered in public hearing

  28. 2025-04-07 Texas Legislature Online

    Testimony taken in committee

  29. 2025-04-07 Texas Legislature Online

    Left pending in committee

  30. 2025-03-25 Texas Legislature Online

    Read first time

  31. 2025-03-25 Texas Legislature Online

    Referred to Economic Development

  32. 2025-03-11 Texas Legislature Online

    Received by the Secretary of the Senate

  33. 2025-03-11 Texas Legislature Online

    Filed

Official Summary Text

Relating to the findings required to be made by the comptroller of public accounts in order to recommend for approval an application for a limitation on the taxable value of eligible property for school district maintenance and operations ad valorem tax purposes under the Texas Jobs, Energy, Technology, and Innovation Act.

Current Bill Text

Read the full stored bill text
89(R) SB 2322 - House Committee Report version - Bill Text

By: King

S.B. No. 2322

(Button, Smithee, Plesa, Bell of Kaufman, Longoria)

A BILL TO BE ENTITLED

AN ACT

relating to the findings required to be made by the comptroller of

public accounts in order to recommend for approval an application

for a limitation on the taxable value of eligible property for

school district maintenance and operations ad valorem tax purposes

under the Texas Jobs, Energy, Technology, and Innovation Act.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 403.609(b), Government Code, as added by

Chapter 377 (H.B. 5), Acts of the 88th Legislature, Regular

Session, 2023, is amended to read as follows:

(b) The comptroller may not recommend an application for

approval unless the comptroller finds that:

(1) the proposed project that is the subject of the

application is an eligible project;

(2) the proposed project is reasonably likely to

generate, before the 20th anniversary of the first day of the

construction period, state or local tax revenue, including ad

valorem tax revenue attributable to the effect of the project on the

economy of this state, in an amount sufficient to offset the school

district maintenance and operations ad valorem tax revenue lost as

a result of the agreement;

(3)
for a proposed project other than a facility

described by Section 403.602(8)(A)(i)(b),
the agreement is a

compelling factor in a competitive site selection determination and

that, in the absence of the agreement, the applicant would not make

the proposed investment in this state; and

(4) if the application indicates that the eligible

project is proposed to be located in a qualified opportunity zone,

the project is located in the zone.

SECTION 2. The change in law made by this Act applies only

to an agreement entered into under Subchapter T, Chapter 403,

Government Code, as added by Chapter 377 (H.B. 5), Acts of the 88th

Legislature, Regular Session, 2023, pursuant to an application

submitted under that subchapter on or after the effective date of

this Act.

SECTION 3. This Act takes effect September 1, 2025.