Tex.
Gov't Code Section 403.601
Purposes
(1)
create new, high-paying permanent jobs and construction jobs in this state;(2)
encourage financially positive economic development in this state;(3)
provide a temporary competitive economic incentive for attracting certain large-scale economic development projects to this state that, in the absence of this subchapter, would likely locate in another state or nation;(4)
encourage energy and water infrastructure development, including new and expanded dispatchable electric generation facilities;(5)
make this state a national and international leader in new and innovative technologies;(6)
encourage the establishment of certain advanced manufacturing industry sectors critical to national defense and health care;(7)
create new wealth, raise personal income, and foster long-term expansion of state and local tax bases;(8)
provide growing and sustainable economic opportunity for the residents of this state; and(9)
incentivize the preceding objectives in a balanced, transparent, and accountable manner.(1)
“Broadband Equity, Access, and Deployment Program” means the federal Broadband Equity, Access, and Deployment Program established by the Infrastructure Investment and Jobs Act (Pub. L. No. 117-58).(2)
“Fund” means the broadband infrastructure fund established under Section 49-d-16, Article III, Texas Constitution.(3)
“Next generation 9-1-1 service fund” means the fund established under Section 771.0713, Health and Safety Code.
Source:
Section 403.601 — Purposes, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.403.htm#403.601 (accessed Jun. 5, 2024).
