JH C.S.H.B. 2446 75(R) BILL ANALYSIS URBAN AFFAIRS C.S.H.B. 2446 By: Greenberg 4-10-97 Committee Report (Substituted) BACKGROUND In order for the Capital Metropolitan Transit Authority to gain the public trust and to move forward in a positive manner, it is necessary to have an independent performance audit of the agency. The state comptroller has a great deal of expertise that can enable the Capital Metro Board Members and staff to make operations as efficient as possible. PURPOSE C.S.H.B. 2446 provides that certain metropolitan transit authorities are subject to performance audits by the state comptroller and allows comptroller to withold sales tax revenue for cost of performing audit. RULEMAKING AUTHORITY It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Chapter 451 of the Transportation Code by adding Section 451.458. 451.458(a) Subjects transit authorities confirmed before July 1, 1985 and with principal city under 750,000 to comptroller audit 451.458(b) Permits audits to be requested by legislative leaders or at comptroller's discretion. Audits allowed every two years. 451.458(c) Audits filed with legislative leaders. 451.458(d) Allows comptroller to withold sales tax revenue from transit authority for cost of performing audit. SECTION 2. Emergency clause. COMPARISON OF ORIGINAL TO SUBSTITUTE The substitute adds subdivision (d) regarding authority of comptroller to withold sales tax revenue.