Tex. Government Code § 403.601
This is the official text of Tex. Government Code § 403.601, part of Texas’s Government Code — covers the structure and operation of Texas state and local government.
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§ 403.601. PURPOSES.
Official statutory text
The purposes of this subchapter are to:
(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) 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.
Status: in_force · Read it on the official government site
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