HBA-GUM H.B. 2429 76(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 2429 By: King, Tracy Ways & Means 4/12/1999 Introduced BACKGROUND AND PURPOSE Under current law, vendors doing business with the State of Texas cannot choose their method of payment by the comptroller of public accounts (comptroller). Unless a vendor does not have an account with a financial institution, they must be paid through the direct deposit system. This has caused problems for some small businesses that do not have accounting systems sophisticated enough for this method of payment. H.B. 2429 allows such a vendor to choose either an electronic transfer or a warrant as the method of payment by the comptroller. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 403.016(c), Government Code, to include payments to vendors who choose to use the electronic funds transfer rather than a warrant system payment among the payments for which the Comptroller of Public Accounts (comptroller) is required to use the electronic funds transfer system. SECTION 2. Amends Section 403.016(h), Government Code, to include a person's notification to the comptroller of the person's option to receive the payment by warrant among the cases in which the comptroller is required to pay by issue of a warrant. SECTION 3. Emergency clause. Effective date: upon passage.