SRC-MWN, TBR C.S.S.B. 275 77(R)BILL ANALYSIS


Senate Research CenterC.S.S.B. 275
77R11861 CLG-FBy: Shapleigh
Business & Commerce
4/17/2001
Committee Report (Substituted)


DIGEST AND PURPOSE 

Currently, the state lacks an integrated economic development budget, also
known as a unified budget, that would bring together certain aspects of
economic development.  C.S.S.B. 275 directs the comptroller of public
accounts to develop in a single document an integrated economic budget that
brings together funding information on the state's economic programs for
every agency that receives this type of funding. 

RULEMAKING AUTHORITY

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

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Chapter 403B, Government Code, by adding Section
403.030, as follows: 

Sec. 403.030.  INFORMATION ON ECONOMIC DEVELOPMENT ACTIVITIES.  (a)
Requires the comptroller, for purposes of evaluating the effect on economic
development  in this state, before each regular session of the legislature,
to collect and make available certain information. 

(b)  Requires the information compiled by the comptroller under this
section to cover the five-year period ending on the last day of the most
recent fiscal year ending before the date the information is made
available. 

(c)  Authorizes the comptroller to request from any appropriate entity or
agency information necessary to compile the information described by this
section.  Requires each entity or agency to cooperate with the comptroller
in providing information under this section.  Requires the Legislative
Budget Board to provide the comptroller the information required by
Subsection (a)(1). 

SECTION 2.  Requires the information required to be compiled and made
available before the regular session of the 78th Legislature by Section
403.030, Government Code, as added by this Act, notwithstanding Subsection
(b) of that section, to cover only the three-year period ending on the last
day of the most recent fiscal year ending before the date the information
is made available. 

SECTION 3.  Effective date:  upon passage or September 1, 2001.

SUMMARY OF COMMITTEE CHANGES

Amends As Filed S.B. 275 by removing proposed language regarding a "group
health benefit plan" and "Texas growth fund." 

Amends As Filed S.B. 275 by providing for reporting on information on
economic development  activities.