Relating to notification of the execution of certain local economic development agreements by a municipality or county to local workforce development boards.

HB 406 requires Texas municipalities and counties to notify local workforce development boards within 14 days when entering, amending, or renewing certain economic development agreements. The notice must include specific details outlined in state law (Government Code § 403.0246(c)). This applies only to agreements executed on or after September 1, 2025, and directly affects local governments and workforce boards in the relevant service areas. The bill establishes a procedural requirement for transparency between economic development agreements and workforce planning entities.