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A BILL TO BE ENTITLED
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AN ACT
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relating to a study to determine the reasons major manufacturers |
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have chosen to invest in other states after considering development |
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in this state. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. In this Act, "major manufacturer" means a person |
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that: |
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(1) is engaged in the business of manufacturing; |
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(2) invested $1 million or more in developing, |
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expanding, or maintaining manufacturing operations in another |
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state after September 1, 2011, and before September 1, 2014; and |
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(3) was offered economic incentives by the state or a |
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local government related to developing, expanding, or maintaining |
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manufacturing operations in this state before choosing to make that |
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investment. |
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SECTION 2. The comptroller of public accounts shall conduct |
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a study on the reasons major manufacturers have chosen to invest in |
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other states after the manufacturers were offered economic |
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incentives by the state or a local government to develop in this |
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state. The study may include examining those reasons specific to |
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the economic incentives that were offered and to the promotion of |
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manufacturing development. The comptroller's office shall solicit |
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interviews with an executive of each major manufacturer that |
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declined the incentives. The interviews must address |
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recommendations for this state to effectively compete with other |
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states in promoting manufacturing development. |
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SECTION 3. Not later than December 1, 2014, the comptroller |
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of public accounts shall provide a report on the results of the |
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study, including an analysis of the results, to the speaker of the |
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house of representatives, the lieutenant governor, the governor, |
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and each standing committee of the legislature that has relevant |
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jurisdiction. |
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SECTION 4. This Act expires January 1, 2015. |
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SECTION 5. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2013. |