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Amend CSSB 783 (Senate committee printing) by adding the
following appropriately numbered SECTION to the bill and
renumbering subsequent SECTIONS accordingly:
SECTION __. Subchapter C, Chapter 490, Government Code, is
amended by adding Section 490.104 to read as follows:
Sec. 490.104. TRANSFERS BETWEEN TEXAS EMERGING TECHNOLOGY
FUND AND TEXAS ENTERPRISE FUND. Notwithstanding any other law,
including an appropriations act, the governor may not, without the
prior written approval of the Legislative Budget Board:
(1) make an award or transfer otherwise authorized by
law from the Texas Emerging Technology Fund to the Texas Enterprise
Fund under Section 481.078 for purposes of making a grant or other
expenditure from the Texas Enterprise Fund; or
(2) make a grant or transfer otherwise authorized by
law from the Texas Enterprise Fund to the Texas Emerging Technology
Fund for purposes of making an award or other expenditure from the
Texas Emerging Technology Fund.