83R2631 RWG-D By: White H.B. No. 2355 A BILL TO BE ENTITLED AN ACT relating to a study comparing the business environments of Texas and Louisiana. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter P, Chapter 481, Government Code, is amended by adding Section 481.213 to read as follows: Sec. 481.213. STUDY COMPARING BUSINESS ENVIRONMENTS OF TEXAS AND LOUISIANA. (a) The office shall conduct a study to compare the business environment of this state with that of the State of Louisiana. The study conducted under this section must: (1) research and compare the laws of each state that tend to encourage or discourage economic development or job creation or retention, including laws that impose taxes or regulations or that provide economic incentives, including tax credits or exemptions, state or local subsidies, and available grants or loans, likely to impact a business's decision to locate or maintain operations in each state; and (2) identify any laws of this state that may place businesses located in this state at a competitive disadvantage with businesses located in the State of Louisiana. (b) Not later than January 31, 2014, the office shall submit a written report to the governor, the lieutenant governor, the speaker of the house of representatives, and the chairs of the standing committees of the legislature with jurisdiction over economic development containing the findings of the study conducted under this section and the office's recommendations. (c) Not later than December 1, 2014, the governor, the lieutenant governor, the speaker of the house of representatives, and the chairs of the standing committees of the legislature with jurisdiction over economic development shall, based on the report received under Subsection (b), submit to the legislature written recommendations on statutory and regulatory changes necessary to improve the business environment of this state in a manner that encourages more businesses to locate or maintain operations in this state without creating wasteful subsidies. (d) This section expires August 31, 2015. SECTION 2. This Act takes effect September 1, 2013.