BILL ANALYSIS |
C.S.H.B. 2531 |
By: Davis, John |
Economic & Small Business Development |
Committee Report (Substituted) |
BACKGROUND AND PURPOSE
Current law authorizes money in the spaceport trust fund to pay expenditures for the development of infrastructure necessary or useful for establishing a spaceport. Interested parties note that although the International Space Station is managed at National Aeronautics and Space Administration's Johnson Space Center in Houston, there is no state program that currently exists to promote space station research in Texas. C.S.H.B. 2531 seeks to address this issue to benefit Texas businesses and citizens and the academic community of Texas' universities.
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RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.
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ANALYSIS
C.S.H.B. 2531 amends the Government Code to expand the authorized uses of money in the spaceport trust fund to include funding programs related to research conducted onboard the International Space Station, including a program that provides money to a nonprofit organization to support that research if the organization is formed in Texas, has a Space Act agreement with the National Aeronautics and Space Administration (NASA), and has the authority to use the capabilities of NASA, the aerospace industry, and institutions of higher education. The bill requires such a nonprofit organization to use any money received from the spaceport trust fund to support the research conducted onboard the International Space Station in collaboration with companies formed in Texas or public-private partnerships. The bill includes as a condition under which money in the fund may be spent for such use certification from the Texas Economic Development and Tourism Office to the comptroller of public accounts that the money will be used to pay for the research programs.
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EFFECTIVE DATE
September 1, 2013.
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COMPARISON OF ORIGINAL AND SUBSTITUTE
While C.S.H.B. 2531 may differ from the original in minor or nonsubstantive ways, the following comparison is organized and highlighted in a manner that indicates the substantial differences between the introduced and committee substitute versions of the bill.
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