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A BILL TO BE ENTITLED
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AN ACT
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relating to the use of money from the Texas Enterprise Fund to |
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reimburse grant recipients for certain expenses. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 481.078(c), Government Code, is amended |
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to read as follows: |
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(c) Except as provided by Subsections (d) and (d-1), the |
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fund may be used only for: |
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(1) economic development, infrastructure development, |
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community development, job training programs, and business |
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incentives; and |
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(2) expense reimbursement for grant recipients under |
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this section as provided by Section 481.081. |
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SECTION 2. Subchapter E, Chapter 481, Government Code, is |
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amended by adding Section 481.081 to read as follows: |
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Sec. 481.081. TEXAS ENTERPRISE FUND: REIMBURSEMENT FOR |
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CERTAIN EXPENSES INCURRED BY GRANT RECIPIENT. (a) In this section, |
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"fund" means the Texas Enterprise Fund under Section 481.078. |
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(b) The governor may use money in the fund to reimburse a |
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grant recipient under Section 481.078 for a portion of the |
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recipient's expenses that are incurred: |
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(1) in the performance of the recipient's duties under |
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that section; and |
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(2) for the purchase of goods or services from a |
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business whose headquarters are located in this state. |
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(c) A grant recipient may apply for and receive |
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reimbursement for expenses as provided by this section in an |
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amount, as determined by office of the governor rule, not to exceed |
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15 percent of the total receipts for qualified expenditures the |
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recipient submits to the office of the governor in accordance with |
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this section. |
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(d) The office of the governor shall adopt any rules the |
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governor considers necessary for the administration and |
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implementation of this section, including rules: |
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(1) that establish criteria for expenditures that are |
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eligible for reimbursement; |
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(2) for forms and procedures for application and |
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receipt requirements; and |
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(3) that set the maximum amount of money that may be |
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allocated from the fund for use as provided by this section. |
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(e) A reimbursement for expenses under this section is |
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contingent on the availability of money in the fund and subject to |
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the discretion of the governor. |
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SECTION 3. Not later than December 1, 2017, the office of |
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the governor shall adopt rules necessary to implement Section |
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481.081, Government Code, as added by this Act. |
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SECTION 4. Section 481.078(c), Government Code, as amended |
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by this Act, and Section 481.081, Government Code, as added by this |
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Act, apply only to a grant that is awarded on or after the effective |
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date of this Act. A grant that is awarded before the effective date |
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of this Act is governed by the law in effect on the date the grant |
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was awarded, and the former law is continued in effect for that |
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purpose. |
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SECTION 5. This Act takes effect January 1, 2018. |