Texas Gov. David Acton has resubmitted the August Texas Strategic Investment and Job Creation Act of 2026, a proposal intended to encourage private development through property-tax abatements, limited infrastructure assistance and expedited permitting.

The bill has been scheduled for debate in the State Legislature, according to Acton’s press release. Its prospects, potential cost and the number of projects that could qualify were not provided.

The proposal would establish tiered property-tax abatements for major projects that meet job-creation and revenue requirements. The press release identifies manufacturing facilities, data centers, mixed-use developments and sports venues as examples of projects that could be eligible.

Under the plan, a qualifying project could receive no more than $20 million in total abatements. The release says tax relief would be front-loaded, with reductions in later years if the project reaches the cap.

Acton’s office described the package as performance-based, saying it would reward projects projected to generate strong net new tax revenue. Applicants would be required to pay for an independent economic analysis, while annual public reports would track jobs, revenue and return on investment.

The proposal also includes limited, repayable support for infrastructure such as roads and utilities. It would seek to accelerate permitting for qualifying developments, which Acton said would reduce delays for projects seeking to locate or expand in Texas.

The release says projects that fail to meet cumulative revenue targets would face automatic clawbacks, including interest. It does not specify how targets would be set, how compliance would be measured, or which state or local body would administer the abatements and recover funds when targets are missed.

“This legislation creates a clear path for major investment while putting taxpayers first,” Acton said in the release. He argued that the state should compete for projects that expand local tax bases and create jobs, while avoiding public support for underperforming deals.

Supporters could point to the proposed cap, reporting requirements and clawback provisions as limits on the state’s exposure to unsuccessful projects. The bill’s inclusion of data centers, sports venues and mixed-use developments also gives it a broad potential reach beyond traditional industrial recruitment.

The measure comes as housing and development issues remain part of the public conversation in Texas. Whether the proposed incentives would affect housing availability or local infrastructure demands was not addressed in the announcement.

Because Texas legislation is debated by the combined State Legislature but applies to one state at a time, lawmakers from across the body will be able to vote on the Texas measure through the game’s proportional voting process. No legislative vote date or sponsor list was included in the release.

Acton, a former Texas House representative and former Army soldier, urged lawmakers of all parties to support the bill. “This is pro-growth policy done the Texas way,” he said, describing the plan as an investment strategy coupled with accountability requirements.

The Legislature’s debate will determine whether the proposal advances, is amended, or is rejected.