By Shapleigh                                          S.B. No. 1386
         Substitute the following for S.B. No. 1386:
         By Pickett                                        C.S.S.B. No. 1386
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to a review and study of the effects of formulas for state
 1-3     funding on programs and institutions.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  The comptroller of public accounts shall:
 1-6                 (1)  review the formulas used to determine state
 1-7     funding of programs and institutions among Texas counties and how
 1-8     the funding is distributed under those formulas;
 1-9                 (2)  study how state funding of programs and
1-10     institutions under the formulas:
1-11                       (A)  affects economic development efforts;
1-12                       (B)  assists or hinders residents and businesses
1-13     in sustaining the financial burdens that result from global
1-14     economic competition;
1-15                       (C)  affects educational opportunities;
1-16                       (D)  affects the state of public health; and
1-17                       (E)  affects the mission or purpose of each
1-18     state-funded program or institution; and
1-19                 (3)  before September 1, 2000, report the results of
1-20     the study required by this section to the governor, the lieutenant
1-21     governor, the speaker of the house of representatives.
1-22           SECTION 2.  The importance of this legislation and the
1-23     crowded condition of the calendars in both houses create an
 2-1     emergency and an imperative public necessity that the
 2-2     constitutional rule requiring bills to be read on three several
 2-3     days in each house be suspended, and this rule is hereby suspended,
 2-4     and that this Act take effect and be in force from and after its
 2-5     passage, and it is so enacted.