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HB 5095

Relating to the repeal of the Texas Jobs, Energy, Technology, and Innovation Act.

89th Legislature (2025) Introduced by Brian Harrison

HB 5095 repeals Texas's Jobs, Energy, Technology, and Innovation Act, eliminating state tax credit incentives designed to attract businesses in targeted sectors.

Referred to Ways & Means
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Bill Summary · HB 5095

Legislative bill overview

HB 5095 proposes to repeal the Texas Jobs, Energy, Technology, and Innovation Act entirely. This would eliminate a state economic incentive program designed to attract and retain businesses in targeted sectors through tax credits and other benefits. The bill has been referred to the Ways & Means Committee following its initial filing.

Why is this important

The repeal would eliminate a tool the state currently uses to compete for economic development and job creation in key industries. This could affect businesses currently receiving incentives under the program, state revenue projections, and Texas's competitive position relative to other states offering similar incentive packages.

Potential points of contention

  • Business impact: Companies currently benefiting from the program or considering relocation to Texas based on these incentives may face reduced financial advantages
  • Economic development philosophy: Disagreement over whether state tax incentives are effective economic policy versus wasteful corporate subsidies
  • Revenue effects: Uncertainty about net fiscal impact, including whether eliminating incentives saves state money or reduces business tax revenue overall

Compiled from official sources — confirm details with the bill’s official record.

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