Bill Text: TX SB209 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the creation of the Texas technology and innovation program.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-11-12 - Filed [SB209 Detail]
Download: Texas-2025-SB209-Introduced.html
89R1890 MLH-D | ||
By: West | S.B. No. 209 |
|
||
|
||
relating to the creation of the Texas technology and innovation | ||
program. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Chapter 489, Government Code, is amended by | ||
adding Subchapter G to read as follows: | ||
SUBCHAPTER G. TEXAS TECHNOLOGY AND INNOVATION PROGRAM | ||
Sec. 489.351. DEFINITIONS. In this subchapter: | ||
(1) "Federal funding program" means the small business | ||
innovation research and small business technology transfer | ||
programs established by 15 U.S.C. Section 638. | ||
(2) "Program" means the Texas technology and | ||
innovation program established under this subchapter. | ||
Sec. 489.352. ESTABLISHMENT AND ADMINISTRATION OF PROGRAM. | ||
The office shall establish and administer the Texas technology and | ||
innovation program to foster job creation and economic development | ||
in this state by matching or supplementing money received by a | ||
business entity through the federal funding program. | ||
Sec. 489.353. ELIGIBILITY. To be eligible to receive money | ||
under the program, a business entity must: | ||
(1) meet at least one of the following conditions: | ||
(A) be organized under the laws of this state; | ||
(B) maintain a domestic headquarters in this | ||
state; | ||
(C) maintain at least one manufacturing facility | ||
in this state; or | ||
(D) have more than half of the entity's employees | ||
residing in this state; | ||
(2) meet all requirements to receive money under the | ||
federal funding program; | ||
(3) not receive concurrent funding from another state | ||
program or fund that serves the same purpose as the program; and | ||
(4) meet any additional requirements under this | ||
subchapter for the applicable phase under which the business entity | ||
applies to receive money. | ||
Sec. 489.354. APPLICATION. (a) A business entity may apply | ||
to receive money under the program by submitting an application | ||
under oath to the office on a form prescribed by the office. The | ||
application must include: | ||
(1) the business entity's name; | ||
(2) the business entity's business organization | ||
structure; | ||
(3) the business entity's address and any principals | ||
listed at a different address; | ||
(4) certification of the information required under | ||
Section 489.353; and | ||
(5) any other information required by the office. | ||
(b) In addition to the requirements of Subsection (a), a | ||
business entity must provide to the office, as applicable: | ||
(1) for "phase zero" or a similar stage of the federal | ||
funding program process, a notification of receipt for an | ||
application for funding under the federal funding program; | ||
(2) for "phase one" or a similar stage of the federal | ||
funding program process: | ||
(A) a notice of award to the entity from a funding | ||
agency under the federal funding program; | ||
(B) a final report for the applicable stage as | ||
required by the federal funding program; and | ||
(C) a proposal for money under the next stage of | ||
the federal funding program; and | ||
(3) for "phase two" or a similar stage of the federal | ||
funding program process: | ||
(A) a notice of award to the entity from a funding | ||
agency under the federal funding program; and | ||
(B) a final report for the applicable stage as | ||
required by the federal funding program. | ||
Sec. 489.355. AWARD OF GRANT; LIMITATIONS. (a) The office | ||
may award a "phase zero" grant under this subchapter immediately on | ||
fulfillment of the requirements under Section 489.354(b)(1). | ||
(b) The office may award a "phase one" grant under this | ||
subchapter immediately on fulfillment of the requirements under | ||
Section 489.354(b)(2). | ||
(c) The office may award a "phase two" grant under this | ||
subchapter immediately on fulfillment of the requirements under | ||
Section 489.354(b)(3). | ||
(d) A business entity may assign a grant received under this | ||
subchapter only with the prior written consent of the office. | ||
(e) A business entity may not receive more than: | ||
(1) one grant in each state fiscal year; and | ||
(2) five grants in each phase under this section. | ||
Sec. 489.356. FUNDING. (a) The office shall award grants | ||
as provided by this subchapter from available money and any | ||
additional money appropriated for purposes of this subchapter. | ||
(b) The office may solicit and receive gifts, grants, and | ||
donations from any source to provide additional funding for grants | ||
awarded under this subchapter. | ||
SECTION 2. As soon as practicable after the effective date | ||
of this Act, the Texas Economic Development and Tourism Office | ||
shall adopt the rules necessary to implement Subchapter G, Chapter | ||
489, Government Code, as added by this Act. | ||
SECTION 3. (a) Notwithstanding any other section of this | ||
Act, in a state fiscal year, the Texas Economic Development and | ||
Tourism Office is not required to implement a provision found in | ||
another section of this Act that is drafted as a mandatory provision | ||
imposing a duty on the office to take an action unless money is | ||
specifically appropriated to the office for that fiscal year to | ||
carry out that duty. The Texas Economic Development and Tourism | ||
Office may implement the provision in that fiscal year to the extent | ||
other funding is available to the office to do so. | ||
(b) If, as authorized by Subsection (a) of this section, the | ||
Texas Economic Development and Tourism Office does not implement | ||
the mandatory provision in a state fiscal year, the office, in its | ||
legislative budget request for the next state fiscal biennium, | ||
shall certify that fact to the Legislative Budget Board and include | ||
a written estimate of the costs of implementing the provision in | ||
each year of that next state fiscal biennium. | ||
SECTION 4. This Act takes effect September 1, 2025. |