89R22954 MLH-F
 
  By: Button H.B. No. 4850
 
  Substitute the following for H.B. No. 4850:
 
  By:  Button C.S.H.B. No. 4850
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to programs to promote economic development in the Office
  of the Governor.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 481.0066(e), Government Code, is amended
  to read as follows:
         (e)  The governor shall appoint an aerospace and aviation
  advisory committee consisting of:
               (1)  seven qualified members to assist in the state's
  economic development efforts to recruit and retain aerospace and
  aviation jobs and investment; [and]
               (2)  one qualified member representing a federal entity
  or the United States armed forces; and
               (3)  one member for each active spaceport development
  corporation in the state who represents the interests of each
  respective spaceport development corporation.
         SECTION 2.  Section 481.167(a), Government Code, is amended
  to read as follows:
         (a)  The office shall establish the Texas Business and
  Community Economic Development Clearinghouse to provide
  information and assistance to businesses and communities in the
  state [through the use of a statewide toll-free telephone service].
         SECTION 3.  Section 490D.051(c), Government Code, is amended
  to read as follows:
         (c)  The criteria established under Subsection (b)(1) must
  include a requirement that not less than 51 percent of [all or
  virtually] all significant parts and processing of a product
  originated in this state.
         SECTION 4.  Chapter 490H, Government Code, is repealed.
         SECTION 5.  This Act takes effect September 1, 2025.