By Oliveira H.B. No. 1914
76R3614 GCH-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to a review of state funding formulas that require local
1-3 matching funds.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. DEFINITION. In this Act "economically
1-6 disadvantaged county" means a county that has, in comparison to
1-7 other counties in the state:
1-8 (1) below average per capita taxable property value;
1-9 (2) below average per capita income; and
1-10 (3) above average unemployment.
1-11 SECTION 2. REVIEW OF FUNDING FORMULAS. The Legislative
1-12 Budget Board shall review each state funding formula that requires
1-13 local matching funds to determine whether the requirement of local
1-14 matching funds creates an undue burden on the revenues of political
1-15 subdivisions located in economically disadvantaged counties.
1-16 SECTION 3. REPORT. Before September 1, 2000, the
1-17 Legislative Budget Board shall submit a report to the governor, the
1-18 lieutenant governor, and the speaker of the house of
1-19 representatives detailing the results of its review and proposing
1-20 alternatives to current matching funding formulas that would afford
1-21 political subdivisions located in economically disadvantaged
1-22 counties the ability to compete for state funding on an equal basis
1-23 with political subdivisions in other counties.
1-24 SECTION 4. EFFECTIVE AND EXPIRATION DATES. This Act takes
2-1 effect September 1, 1999, and expires September 1, 2000.
2-2 SECTION 5. EMERGENCY. The importance of this legislation
2-3 and the crowded condition of the calendars in both houses create an
2-4 emergency and an imperative public necessity that the
2-5 constitutional rule requiring bills to be read on three several
2-6 days in each house be suspended, and this rule is hereby suspended.