1-1  By:  Patterson, et al. (Senate Sponsor - Armbrister)  H.B. No. 2490
    1-2        (In the Senate - Received from the House May 12, 1995;
    1-3  May 16, 1995, read first time and referred to Committee on State
    1-4  Affairs; May 22, 1995, reported favorably by the following vote:
    1-5  Yeas 10, Nays 0; May 22, 1995, sent to printer.)
    1-6                         A BILL TO BE ENTITLED
    1-7                                AN ACT
    1-8  relating to audits of certain state loan programs.
    1-9        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-10        SECTION 1.  CERTAIN LOAN PROGRAM AUDITS.  (a)  The
   1-11  comptroller of public accounts, in conjunction with the state
   1-12  auditor and the Banking Department of Texas, shall audit each state
   1-13  agency or part of a state agency that provides loans, loan
   1-14  guarantees, or other capital enhancing programs to determine the
   1-15  feasibility of combining the administration of some or all of the
   1-16  programs.  The review shall consider the efficiency, effectiveness,
   1-17  cost, and customer service of the current programs and the
   1-18  potential for improvement under a consolidated administration.
   1-19        (b)  The state auditor may bill an affected agency for
   1-20  reimbursement of the costs of services for the audit required by
   1-21  this section.
   1-22        (c)  The audit required by this section shall be completed
   1-23  not later than August 1, 1996.
   1-24        (d)  The comptroller of public accounts, in conjunction with
   1-25  the state auditor and with the review of the Legislative Audit
   1-26  Committee, shall determine the scope and level of the audit under
   1-27  this section.
   1-28        (e)  The audit records are subject to the open records law,
   1-29  Chapter 552, Government Code, as provided by other law, except that
   1-30  the financial records of an applicant or borrower are not a public
   1-31  record.
   1-32        (f)  The comptroller of public accounts shall report the
   1-33  results of the audit performed under this section to the governor,
   1-34  lieutenant governor, and speaker of the house of representatives.
   1-35        SECTION 2.  This Act takes effect September 1, 1995.
   1-36        SECTION 3.  The importance of this legislation and the
   1-37  crowded condition of the calendars in both houses create an
   1-38  emergency and an imperative public necessity that the
   1-39  constitutional rule requiring bills to be read on three several
   1-40  days in each house be suspended, and this rule is hereby suspended.
   1-41                               * * * * *