Enrolled Bill Summary

House Bill 3658 amends the Government Code to change the date by which the Texas Department of Economic Development is required to submit an annual report evaluating the effectiveness of the enterprise zone program to the governor, the Legislative Budget Board, and the legislature. The act establishes criteria that a business must meet to qualify for job retention benefits as a designated enterprise project, requires the department to establish a minimum scoring threshold that a business must meet to qualify for designation under the program, and removes a provision that limited the designation of a business as an enterprise project to five years. The act also amends the Tax Code to increase the number of hours of work that a new employment position must provide to a qualified employee for the job to qualify as a "new permanent job," and it deletes the requirement that a project be certified by the Legislative Budget Board.