Bill Text: TX SB702 | 2011-2012 | 82nd Legislature | Introduced


Bill Title: Relating to the preparation of economic impact statements for legislative measures.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-02-23 - Referred to Finance [SB702 Detail]

Download: Texas-2011-SB702-Introduced.html
  82R1249 ACP-D
 
  By: Watson S.B. No. 702
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the preparation of economic impact statements for
  legislative measures.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Sections 315.004(a) and (b), Government Code,
  are amended to read as follows:
         (a)  At the request of the lieutenant governor, the [or]
  speaker of the house of representatives, or a member of the
  legislature, a state agency shall prepare an economic impact
  statement for any pending bill or joint resolution that directly
  affects that agency. Preparation of the statement shall be
  coordinated through the Legislative Budget Board director.
         (b)  The economic impact statement must include:
               (1)  a brief description of the nature and effect of the
  proposal; [and]
               (2)  a statement of the manner and extent to which the
  proposal, if implemented, will directly or indirectly during each
  of the five [two] years following its effective date:
                     (A)  affect employment in the state, including the
  number of people affected, the geographic area or areas affected,
  and the existing level of employment and unemployment in those
  areas;
                     (B)  affect the construction, modification,
  alteration, or utilization of any structure, equipment, facility,
  process, or other asset in the state, including the estimated
  dollar measure of the action and the geographic area or areas
  affected;
                     (C)  result in changes in costs of goods and
  services in the state;
                     (D)  result in changes in revenue and expenditures
  of state and local governments; and
                     (E)  have economic impacts within the state other
  than those specifically described by this subsection; and
               (3)  a general statement of the analysis described by
  Subdivision (2) for the remainder of the 20-year period following
  the proposal's effective date.
         SECTION 2.  This Act takes effect September 1, 2011.
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