Bill Text: TX HB2457 | 2011-2012 | 82nd Legislature | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to the Texas Enterprise Fund and the Texas emerging technology fund.

Spectrum: Bipartisan Bill

Status: (Passed) 2011-06-17 - Effective on 9/1/11 [HB2457 Detail]

Download: Texas-2011-HB2457-Engrossed.html

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82R18776 KFF-D
By: J. Davis of Harris, Reynolds H.B. No. 2457

A BILL TO BE ENTITLED
AN ACT
relating to the amendment of Texas Enterprise Fund grant
agreements.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 481.078, Government Code, is amended by
adding Subsection (h-1) to read as follows:
(h-1) At least 14 days before the date the governor intends
to amend a grant agreement, the governor shall notify and provide a
copy of the proposed amendment to the speaker of the house of
representatives, the lieutenant governor, and the presiding
officers of the standing committees of both houses of the
legislature with primary jurisdiction over economic development.
SECTION 2. This Act takes effect September 1, 2011.