HB 4920

relating to the comptroller's report on the effect of certain tax
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1.  Chapter 403, Government Code, is amended by
adding Section 403.0148, REPORT ON TAX PROVISIONS TO CERTAIN
DOMESTIC PRIVATE ENTITY to read as follows:
(a)  Before each regular session of the legislature, the
comptroller shall report to the legislature and the governor a list
of each domestic private entity receiving a credit, exemption, or
discount in relation to a tax or fee imposed by the state if the
entity, at any time during the previous two years, created
employment suitable for performance in the United States in a
country other than the United States and, as a result, eliminated or
failed to create similar employment in the United States.
(1)  an analysis of each special provision that reduces
the amount of tax payable, to include an estimate of the loss  of
(2)  the total number of employments created in a
country other than the United States;
(3)  the total wages associated with the employment
(4)  for each entity that receives a reduction of taxes
payable as a result of a special provision, the actual dollar amount
of the reduction the entity received since the most recent report
under this section, regardless of whether the information is
otherwise confidential under state law, including Sections 111.006
SECTION 2.  This Act takes effect September 1, 2025.