Texas § 403.601 PURPOSES.

Texas Statutes

§ 403.601 — PURPOSES.

Texas § 403.601

Code GVGovernment Code

This text of Texas § 403.601 (PURPOSES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 403.601 (2026).

Text

Sec. 403.601. PURPOSES. 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

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Sec. 403.601. PURPOSES. 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.