Relating to the repeal of the Texas Research Incentive Program.

HB 4066 would end the Texas Research Incentive Program by removing it from the state's Education Code. This program currently provides tax credits to companies conducting research and development in Texas. The bill would eliminate this specific incentive, directly affecting businesses that currently qualify for these tax credits. The repeal would take effect on September 1, 2027, if passed. The bill is procedural and focuses solely on removing the program, not on creating new policies.