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A BILL TO BE ENTITLED
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AN ACT
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relating to the preparation of economic impact statements for |
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legislative measures. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Sections 315.004(a) and (b), Government Code, |
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are amended to read as follows: |
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(a) At the request of the lieutenant governor, the [or] |
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speaker of the house of representatives, or a committee of a house |
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of the legislature, a state agency shall prepare an economic impact |
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statement for any pending bill or joint resolution that directly |
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affects that agency. Preparation of the statement shall be |
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coordinated through the Legislative Budget Board director. |
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(b) The economic impact statement must include: |
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(1) a brief description of the nature and effect of the |
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proposal; [and] |
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(2) a statement of the manner and extent to which the |
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proposal, if implemented, will directly or indirectly during each |
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of the five [two] years following its effective date: |
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(A) affect employment in the state, including the |
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number of people affected, the geographic area or areas affected, |
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and the existing level of employment and unemployment in those |
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areas; |
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(B) affect the construction, modification, |
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alteration, or utilization of any structure, equipment, facility, |
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process, or other asset in the state, including the estimated |
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dollar measure of the action and the geographic area or areas |
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affected; |
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(C) result in changes in costs of goods and |
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services in the state; |
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(D) result in changes in revenue and expenditures |
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of state and local governments; and |
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(E) have economic impacts within the state other |
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than those specifically described by this subsection; and |
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(3) a general statement of the analysis described by |
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Subdivision (2) for the remainder of the 20-year period following |
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the proposal's effective date. |
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SECTION 2. This Act takes effect September 1, 2011. |