Relating to the repeal of the Texas Jobs, Energy, Technology, and Innovation Act.
HB 5095 repeals the Texas Jobs, Energy, Technology, and Innovation Act, which was enacted in 2023 as Subchapter T, Chapter 403, Government Code. The bill removes that program from state law and makes conforming changes across the Education Code, Tax Code, and Government Code to eliminate references to the repealed taxable-value limitation program. It also preserves the legal effect of any agreements already entered into under the repealed law, so existing contracts continue under the prior rules rather than being disrupted.
In practical terms, the bill would end the availability of new agreements under the Texas Jobs, Energy, Technology, and Innovation Act while leaving prior agreements in place. It updates school finance and property tax provisions so that calculations of school district taxable value, reinvestment zone designations, and related economic development reporting no longer rely on the repealed subchapter for future arrangements. The bill also clarifies that certain tax credits tied to clean energy projects cannot be issued until the relevant agreement periods under the old law have expired.
The bill would repeal Subchapter T, Chapter 403, Government Code, and amend multiple provisions in the Education Code and Tax Code to remove or adjust references to the repealed taxable-value limitation program. It affects school finance formulas, appraisal district reporting, enterprise zone and reinvestment zone rules, and tax credit timing for clean energy projects. Existing agreements made before the effective date would remain enforceable under the prior law, limiting disruption to projects already approved.
The available record shows no committee transcript and no recorded votes, so there is no direct evidence of debate or formal support/opposition in the materials provided. Based on the bill text, the measure appears to be a technical but consequential rollback of a recent economic development incentive program, which typically draws interest from both proponents of tax incentive reform and stakeholders with existing project agreements. The preservation of existing contracts suggests an effort to avoid retroactive harm while ending the program prospectively.
The main point of contention is likely the repeal itself: supporters of the bill would view the Texas Jobs, Energy, Technology, and Innovation Act as an unnecessary or undesirable tax incentive, while opponents would likely argue that it reduces Texas’s ability to attract large-scale investment and clean energy projects. A second issue is the treatment of existing agreements, because the bill protects prior contracts but prevents new ones, which may be seen as either a fair transition or a limitation on future economic development tools. School districts, property owners, and economic development interests are the most directly affected parties.