82R4174 KFF-D
By: Jackson S.B. No. 1175
A BILL TO BE ENTITLED
AN ACT
relating to the prior approval of an award of money from the Texas
Enterprise Fund and the Texas emerging technology fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 481.078(e), Government Code, is amended
to read as follows:
(e) The administration of the fund is considered to be a
trusteed program within the office of the governor. The governor
may negotiate on behalf of the state regarding awarding, by grant,
money appropriated from the fund. The governor may award money
appropriated from the fund only with the [express written] prior
approval of the lieutenant governor and speaker of the house of
representatives. For purposes of this subsection, an award of
money appropriated from the fund is considered approved by the
lieutenant governor or speaker of the house of representatives if
that officer does not disapprove the proposal to award the grant
before the 91st day after the date of receipt of the proposal from
the governor. The lieutenant governor or the speaker of the house
of representatives may extend the review deadline applicable to
that officer for an additional 14 days by submitting a written
notice to that effect to the governor before the expiration of the
initial review period.
SECTION 2. Section 490.101, Government Code, is amended by
amending Subsection (f) and adding Subsection (f-1) to read as
follows:
(f) The administration of the fund is considered to be a
trusteed program within the office of the governor. The governor
may negotiate on behalf of the state regarding awards from the
fund. The governor may award money appropriated from the fund only
with the [express written] prior approval of the lieutenant
governor and speaker of the house of representatives.
(f-1) For purposes of Subsection (f), an award of money
appropriated from the fund is considered approved by the lieutenant
governor or speaker of the house of representatives if that officer
does not disapprove the proposal to award funding before the 91st
day after the date of receipt of the proposal from the governor.
The lieutenant governor or the speaker of the house of
representatives may extend the review deadline applicable to that
officer for an additional 14 days by submitting a written notice to
that effect to the governor before the expiration of the initial
review period.
SECTION 3. The changes in law made by this Act apply only to
a proposal for an award from the Texas Enterprise Fund or Texas
emerging technology fund submitted by the governor to the
lieutenant governor or speaker of the house of representatives for
prior approval on or after the effective date of this Act. A
proposal submitted by the governor for prior approval before the
effective date of this Act is governed by the law in effect on the
date the proposal was submitted for that approval, and the former
law is continued in effect for that purpose.
SECTION 4. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2011.