SRC-JBJ, SEW C.S.H.B. 3452 77(R)BILL ANALYSIS Senate Research CenterC.S.H.B. 3452 77R16192 JMG-DBy: Gallego (Sibley) Business & Commerce 5/11/2001 Committee Report (Substituted) DIGEST AND PURPOSE C.S.H.B. 3452 sets forth and amends provisions regarding the abolition and transfer of functions of the Texas Department of Economic Development; the creation, functions, authority, and administration of the smart jobs fund program; the creation, functions, authority, and administration of the Office of Strategic Business Development; and other related matters. RULEMAKING AUTHORITY Rulemaking authority is expressly granted to the Council on Workforce and Economic Competitiveness in SECTION 2.01 (Sections 2308.502, 2308.503, 2308.504, 2308.505, 2308.506, 2308.507, 2308.508, 2308.510, 2308.511, and 2308.512, Government Code) Rulemaking authority is expressly granted to the Office of Strategic Business Development in SECTION 3.01 (Section 468.007, Government Code) of this bill. SECTION BY SECTION ANALYSIS ARTICLE 1. ABOLITION AND TRANSFER OF FUNCTIONS OF THE TEXAS DEPARTMENT OF ECONOMIC DEVELOPMENT Sets forth provisions regarding the abolition and transfer of functions of the Texas Department of Economic Development. (Pages 1 through 6 of bill.) ARTICLE 2. FUNDING AND ADMINISTRATION OF SMART JOBS FUND PROGRAM Sets forth provisions regarding the creation, functions, authority, and administration of the smart jobs fund program. (Pages 6 through 30 of bill.) ARTICLE 3. CREATION OF THE OFFICE OF STRATEGIC BUSINESS DEVELOPMENT Sets forth provisions regarding the creation, functions, authority, and administration of the Office of Strategic Business Development. (Pages 30 and 31 of bill.) ARTICLE 4. MISCELLANEOUS SECTION 4.01. Amends Section 2308.052(b), Government Code, to set forth the composition of the Council on Workforce and Economic Competitiveness. (Pages 31 and 32 of bill.) ARTICLE 5. EFFECTIVE DATE SECTION 5.01. Effective date: September 1, 2001.