AUSTIN – Governor David Acton today resubmitted the August Texas Strategic Investment and Job Creation Act of 2026, a performance-based package designed to attract private investment, create jobs, and expand the tax base in communities across the state.

“Texas is open for business, and this bill ensures we compete for the projects that deliver real results,” said Governor Acton. “Too many of our cities have watched opportunity pass them by. This legislation creates a clear path for major investment while putting taxpayers first.”

The bill offers tiered property tax abatements for qualifying major projects — including manufacturing, data centers, mixed-use developments, and sports venues — that meet strict job-creation and revenue targets. It also provides limited, repayable infrastructure support for roads and utilities and expedited permitting to reduce unnecessary delays.

Key taxpayer protections include:

• Performance tiers that reward only projects projecting strong net new tax revenue
• A hard $20 million ceiling on total abatements for any single project, with relief front-loaded and later years reduced if the cap is reached
• Automatic clawbacks plus interest if cumulative revenue targets are not met
• Independent economic analysis paid for by the applicant
• Annual public reporting on jobs, revenue, and return on investment

“This is pro-growth policy done the Texas way,” Governor Acton added. “We are competing for investment that expands the tax base, creates jobs, and brings opportunity to every corner of the state without asking hardworking families to foot the bill for underperforming deals. Whether you are Republican, Democrat, or Independent, you can get behind this kind of investment coupled with our strong accountability measures. I urge the Legislature to pass this bill and keep Texas moving forward.” The bill has been scheduled for debate.