US Laws, Codes, Statutes & Cases

GOVERNMENT CODE

CHAPTER 314. FISCAL NOTES AND COST PROJECTIONS


	§ 314.001. SYSTEM OF FISCAL NOTES.  The Legislative 
Budget Board shall establish a system of fiscal notes identifying 
the probable costs of each bill or resolution that authorizes or 
requires the expenditure or diversion of state funds for a purpose 
other than one provided for in the general appropriations bill.

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


	§ 314.002. COST ESTIMATES.  In preparing a fiscal note, 
the board shall project cost estimates for a five-year period that 
begins on the effective date of the bill or resolution and shall 
state whether or not costs or diversions will be involved after that 
period.

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


	§ 314.003. ATTACHMENT TO BILL OR RESOLUTION.  (a) If a 
fiscal note is required on a bill or resolution, it must be attached 
to the bill or resolution before a committee hearing on the bill or 
resolution may be conducted.
	(b)  The fiscal note must be printed on the first page of the 
committee report of the bill or resolution and on the first page of 
all subsequent printings.
	(c)  The fiscal note must remain with the bill or resolution 
throughout the legislative process, including submission to the 
governor.

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


	§ 314.004. EQUALIZED EDUCATION FUNDING IMPACT 
STATEMENT.  (a) The board shall prepare for each bill or resolution 
that affects public education an equalized education funding impact 
statement.
	(b)  The impact statement must evaluate the effect of the 
bill or resolution on all state equalized funding requirements and 
policies.
	(c)  The impact statement must be attached to the bill or 
resolution immediately following the fiscal note attached under 
Section 314.003.

Added by Acts 1990, 71st Leg., 6th C.S., ch. 1, § 1.18, eff. 
Sept. 1, 1990.