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.