AN ACT
1-1 relating to the development of performance measures by the Texas
1-2 Agricultural Finance Authority.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 58.017, Agriculture Code, is amended to
1-5 read as follows:
1-6 Sec. 58.017. PERFORMANCE MEASURES [COST-BENEFIT REPORT].
1-7 The board, in conjunction with the Legislative Budget Board, the
1-8 state auditor, and the office of the governor, shall develop a
1-9 minimum of two performance measures that provide information on the
1-10 benefits of the authority's loan programs. The performance
1-11 measures shall be included in the report required under Section
1-12 58.016(d) or as a component of the measures incorporated into the
1-13 General Appropriations Act. [(a) The board shall perform a
1-14 biennial cost-benefit study of the authority's active and inactive
1-15 programs and prepare a report regarding that study. The study must
1-16 include an examination of the number of jobs created or retained in
1-17 this state as a result of each program and the costs and benefits
1-18 associated with those jobs.]
1-19 [(b) The chairman of the board shall file the report
1-20 prepared under Subsection (a) with the state auditor before
1-21 December 1 of each even-numbered year.]
1-22 [(c) The state auditor shall review the report filed under
1-23 Subsection (b) and send the report and the auditor's comments
2-1 regarding the methodology used by the authority in performing the
2-2 cost-benefit study to the governor and the presiding officer of
2-3 each house of the legislature not later than February 1 of each
2-4 odd-numbered year. The state auditor shall provide assistance to
2-5 the department in preparing the report required by this section.]
2-6 SECTION 2. 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.
_______________________________ _______________________________
President of the Senate Speaker of the House
I hereby certify that S.B. No. 1576 passed the Senate on
April 24, 1997, by the following vote: Yeas 29, Nays 0.
_______________________________
Secretary of the Senate
I hereby certify that S.B. No. 1576 passed the House on
May 28, 1997, by a non-record vote.
_______________________________
Chief Clerk of the House
Approved:
_______________________________
Date
_______________________________
Governor