Signed Into Law
Signed May 19, 2025Effective 2025-09-01
SB2066

Regular Session

Relating to the repeal of the Texas Research Incentive Program.

Government Affairs & Regulatory Compliance Analysis

Business Impact

Who SB2066 Affects

Regulatory Priority: low

Standard regulatory changes (effective 2025-09-01). Review during normal business planning.

Estimated Cost Impact

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Compliance Analysis

Key implementation requirements and action items for compliance with this legislation

Immediate Action Plan

Operational Changes Required

Strategic Ambiguities & Considerations

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Information presented is for general knowledge only and is provided without warranty, express or implied. Consult qualified government affairs professionals and legal counsel before making compliance decisions.

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Quick Reference

Frequently Asked Questions

Common questions about SB2066

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What does Texas SB2066 do?

Senate Bill 2066 repeals the Texas Research Incentive Program (TRIP), permanently eliminating the statutory mechanism for state matching funds on private donations to emerging research universities. Corporate donors and R&D partners must immediately remove state matching multipliers from ROI models and renegotiate gift agreements contingent upon these funds.

Q

Who authored SB2066?

SB2066 was authored by Texas Senator Joan Huffman during the Regular Session.

Q

When was SB2066 signed into law?

SB2066 was signed into law by Governor Greg Abbott on May 19, 2025.

Q

How significant are the changes in SB2066?

The regulatory priority for SB2066 is rated as "low". Businesses and organizations should review the legislation to understand potential impacts.

Q

What is the cost impact of SB2066?

The cost impact of SB2066 is estimated as "low". This may vary based on industry and implementation requirements.

Q

What topics does SB2066 address?

SB2066 addresses topics including education, education--higher, education--higher--finance, education--higher--institutions & programs and research & development.

Q

What are the key dates for SB2066?

Key dates for SB2066: Effective date is 2025-09-01. Consult with legal counsel regarding applicability.

Legislative data provided by LegiScanLast updated: January 11, 2026