CHAPTER 315. ECONOMIC IMPACT STATEMENT
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.