CHAPTER 315. ECONOMIC IMPACT STATEMENT - Texas Statutes

GOVERNMENT CODE

TITLE 3. LEGISLATIVE BRANCH

SUBTITLE B. LEGISLATION

CHAPTER 315. ECONOMIC IMPACT STATEMENT

Sec. 315.001. SHORT TITLE. This chapter may be cited as the

Economic Impact Statement Act.

Acts 1985, 69th Leg., ch. 479, Sec. 1, eff. Sept. 1, 1985.

Sec. 315.002. DEFINITION. In this chapter, "state agency"

means:

(1) any department, commission, board, office, or other agency

that:

(A) is in the executive branch of state government;

(B) has authority that is not limited to a geographical portion

of the state; and

(C) was created by the constitution or a statute of this state;

or

(2) an institution of higher education as defined by Section

61.003, Education Code, other than a public junior college or

community college.

Acts 1985, 69th Leg., ch. 479, Sec. 1, eff. Sept. 1, 1985.

Sec. 315.003. STATE POLICY. Recognizing the impact of the laws

and rules of this state on the economy, employment, and

enterprise of its people, the legislature declares that the

continuing policy of this state is to maintain and create

conditions that will sustain and promote the economy, employment,

and economic opportunities of the people of Texas.

Acts 1985, 69th Leg., ch. 479, Sec. 1, eff. Sept. 1, 1985.

Sec. 315.004. ECONOMIC IMPACT STATEMENT. (a) At the request of

the lieutenant governor or speaker of the house of

representatives, 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

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.

(c) An economic impact statement that omits any information

required by this chapter must specifically note the omission,

state the reason for the omission, and estimate the additional

time and effort required to obtain the information.

Acts 1985, 69th Leg., ch. 479, Sec. 1, eff. Sept. 1, 1985.