By Patterson, Black, Kubiak, Giddings,                H.B. No. 2490
             Brimer, et al.
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to audits of certain state loan programs.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  CERTAIN LOAN PROGRAM AUDITS.  (a)  The
    1-5  comptroller of public accounts, in conjunction with the state
    1-6  auditor and the Banking Department of Texas, shall audit each state
    1-7  agency or part of a state agency that provides loans, loan
    1-8  guarantees, or other capital enhancing programs to determine the
    1-9  feasibility of combining the administration of some or all of the
   1-10  programs.  The review shall consider the efficiency, effectiveness,
   1-11  cost, and customer service of the current programs and the
   1-12  potential for improvement under a consolidated administration.
   1-13        (b)  The state auditor may bill an affected agency for
   1-14  reimbursement of the costs of services for the audit required by
   1-15  this section.
   1-16        (c)  The audit required by this section shall be completed
   1-17  not later than August 1, 1996.
   1-18        (d)  The comptroller of public accounts, in conjunction with
   1-19  the state auditor and with the review of the Legislative Audit
   1-20  Committee, shall determine the scope and level of the audit under
   1-21  this section.
   1-22        (e)  The audit records are subject to the open records law,
   1-23  Chapter 552, Government Code, as provided by other law, except that
   1-24  the financial records of an applicant or borrower are not a public
    2-1  record.
    2-2        (f)  The comptroller of public accounts shall report the
    2-3  results of the audit performed under this section to the governor,
    2-4  lieutenant governor, and speaker of the house of representatives.
    2-5        SECTION 2.  This Act takes effect September 1, 1995.
    2-6        SECTION 3.  The importance of this legislation and the
    2-7  crowded condition of the calendars in both houses create an
    2-8  emergency and an imperative public necessity that the
    2-9  constitutional rule requiring bills to be read on three several
   2-10  days in each house be suspended, and this rule is hereby suspended.