SRC-AXB H.B. 1471 76(R)   BILL ANALYSIS


Senate Research Center   H.B. 1471
76R7089  JSA-DBy: Hilbert (Lindsay)
Finance
5/13/1999
Engrossed


DIGEST 

Currently, legislation can be accompanied by a fiscal note prepared by the
Legislative Budget Board. However, there is no description of the impact a
proposed measure may have on small businesses. C.S.H.B. 1471 allows a
committee chair in either house of the legislature to request a small
business impact statement including the regulatory and fiscal implications
to small businesses.  

PURPOSE

As proposed, H.B. 1471 allows a committee chair in either house of the
legislature to request a small business impact statement including the
regulatory and fiscal implications to small businesses.  

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Chapter 314, Government Code, by adding Section
314.005,as follows:  

Sec. 314.005. SMALL BUSINESS IMPACT STATEMENT. Requires the director of the
Legislative Budget Board (director), at the request of the chair of a
committee of either house of the legislature, to prepare a statement
describing the regulatory and fiscal effects on small businesses in this
state, of a proposed bill or resolution pending before the committee.
Requires the director to prepare and deliver the statement to the chair of
the committee in the same manner as similar statements prepared by the
director, if any, under the rules of the applicable house of the
legislature. Provides that the impact statement must be attached to the
bill or resolution following the fiscal note attached under Section
314.003(Attachment to Bill or Resolution). Defines "small business."  

SECTION 2.Emergency clause. 
  Effective date: upon passage.