Amend HB 2906 as follows:
      1.  On page 2, line 24, insert the following between
"auditor" and "only": "to audit the state agency or corporation".
      2.  On page 2, between lines 16 and 17, add subsection (g) as
follows:
      (g)  If a department or entity does not implement a change
recommended by the State Auditor's report, the department or entity
shall file a report with the persons specified by Subsection (c).
The report must:
            (1)  identify the recommendation the department or
entity did not implement; and
            (2)  state the reason the department or entity did not
implement the recommendation.
      3.  On page 3, lines 17-18, strike "directly and
immediately".
      4.  On page 3, between lines 20 and 21, insert the following
subsection: "(b)  The state auditor, in consultation with state
agencies and institutions, shall prescribe the form, content, and
timing of a report required by this section.".
      5.  On page 3, line 21, strike "(b)" and substitute "(c)".
      6.  On page 6, line 2, between "report" and ".", insert ",
subject to the approval of the legislative audit committee".
      7.  On page 9, between lines 4 and 5, insert the following
new section and renumber the sections accordingly:
      Sec. 58.017, Agriculture Code, is amended to read as follows:
      Sec. 58.017.  PERFORMANCE MEASURES <COST-BENEFIT REPORT>.
The board, in conjunction with the legislative budget board, the
state auditor, and the Office of the Governor, shall develop a
minimum of two performance measures that provide information on the
benefits of the Authority's loan programs.  The performance
measures shall be included in the report required under Section
58.016(d) of this code or as a component of the measures
incorporated into the appropriate act <(a)  The board shall perform
a biennial cost-benefit study of the authority's active and
inactive programs and prepare a report regarding that study.  The
study must include an examination of the number of jobs created or
retained in this state as a result of each program and the costs
and benefits associated with those jobs>.
      <(b)  The chairman of the board shall file the report
prepared under Subsection (a) with the state auditor before
December 1 of each even-numbered year.>
      <(c)  The state auditor shall review the report filed under
Subsection (b) and send the report and the auditor's comments
regarding the methodology used by the authority in performing the
cost-benefit study to the governor and the presiding officer of
each house of the legislature not later than February 1 of each
odd-numbered year.  The state auditor shall provide assistance to
the department in preparing the report required by this section.>
      8.  On page 9, line 6, strike subsection (1) of Section 14 of
the bill and renumber the subsections accordingly.