SRC-AMY H.B. 2033 78(R)   BILL ANALYSIS


Senate Research Center   H.B. 2033
By: Menendez (Fraser)
Business & Commerce
5/16/2003
Engrossed


DIGEST AND PURPOSE 

The Texas Building and Procurement Commission is required to develop an
annual report of contracts awarded to historically underutilized
businesses (HUBs) and state agencies are required to establish goals to
increase contracting with HUBs.  However, many agencies treat investment
brokerage services as "professional services" rather than as "contract
services," and do not include such services for purposes of HUB reporting.
Consequently, the goals for HUB procurement often do not include the
services of HUB brokerage vendors, which could result in fewer brokerage
contracts being awarded to HUB vendors.  H.B. 2033 sets forth a definition
of "contract" as including an arrangement under which a state agency
receives professional or investment brokerage services.  This bill also
provides that including the definition is for the purpose of aiding in the
measurement and attainment of a state agency's goals. 

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 Section 2161.001, Government Code, by adding
Subdivision (4) to define "contract" to include an arrangement under which
a state agency receives professional or investment brokerage services. 

SECTION 2.  Provides that the definition in Section 2161.001(4),
Government Code, as added by this Act, is for the purpose of aiding in the
measurement and attainment of a state agency's goals. 

SECTION 3.  Effective date:  September 1, 2003.