2005 Texas Government Code CHAPTER 315. ECONOMIC IMPACT STATEMENT

GOVERNMENT CODE

CHAPTER 315. ECONOMIC IMPACT STATEMENT


	§ 315.001. SHORT TITLE.  This chapter may be cited as the 
Economic Impact Statement Act.

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


	§ 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, § 1, eff. Sept. 1, 1985.                    


	§ 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, § 1, eff. Sept. 1, 1985.                    


	§ 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, § 1, eff. Sept. 1, 1985.