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House Bill 2482 |
House Author: Alvarado et al. |
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Effective: 6-14-13 |
Senate Sponsor: Taylor et al. |
House Bill 2482 requires the comptroller of public accounts to conduct a study on the reasons major manufacturers, as defined by the bill, have chosen to invest in other states after the manufacturers were offered economic incentives by the state or a local government to develop in Texas. The bill authorizes the study to include an examination of those reasons specific to the economic incentives that were offered and to the promotion of manufacturing development. The bill requires the comptroller's office to solicit interviews with an executive of each major manufacturer that declined the incentives and requires the interviews to address recommendations for Texas to effectively compete with other states in promoting manufacturing development. The bill requires the comptroller to provide a report on the results of the study, including an analysis of the results, to the speaker of the house of representatives, the lieutenant governor, the governor, and each standing committee of the legislature that has relevant jurisdiction.