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A BILL TO BE ENTITLED
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AN ACT
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relating to the review of existing boards and commissions under the |
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jurisdiction of the comptroller for continuity and to the repeal of |
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certain committees under the jurisdiction of the comptroller. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. SECTION 1: The purpose of this Act is to improve |
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the efficiency and effectiveness of operations of the office of the |
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comptroller. |
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SECTION 2: Chapter 403, Government Code, is amended by |
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adding Subchapter U to read as follows: |
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SUBCHAPTER U. COMPTROLLER REVIEW OF BOARDS AND COMMISSIONS |
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Sec. 403.701: REVIEW AND REPORT ON BOARDS AND COMMISSIONS |
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UNDER JURISDICTION OF THE COMPTROLLER: (a) The comptroller shall |
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review each board and commission, including each committee, |
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council, group and task force, that is a part of the office of the |
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comptroller, under the direction of the comptroller, or |
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administratively attached to the office of the comptroller. |
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(b) The review shall include an assessment of: |
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(1) the continuing necessity of each board, |
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commission, committee, council, group and task force; and |
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(2) whether each board, commission, committee, |
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council, group or task force promotes efficient and effective |
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operations of the office of the comptroller. |
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(b) The comptroller shall submit a report to the legislature |
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to identify boards, commissions, committees, councils, groups and |
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task forces that no longer serve a continuing necessity or promote |
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efficient and effective operations of the office of the |
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comptroller. |
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(c) The comptroller shall submit the report to the |
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legislature no later than December 1, 2026. |
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(d) This subchapter expires December 31, 2026. |
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SECTION 3: Section 403.1041 (e), Government Code, is |
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amended to read as follows: |
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(e) The comptroller[, with the advice of and in consultation |
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with the advisory committee,] may use the earnings of the account |
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for any investment expense, including to obtain the advice of |
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appropriate investment consultants for managing the assets in the |
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account. |
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SECTION 4: The following provisions are repealed: |
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(1) Section 403.028(f), Government Code; |
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(2) Section 403.1042, Government Code; and |
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(3) Section 403.618, Government Code. |
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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, 2025. |