Texas 2015 - 84th Regular

Texas House Bill HB1349

Filed

Out of House Committee

Voted on by House

Out of Senate Committee

Voted on by Senate

Governor Action

Bill Becomes Law

Caption

Relating to the creation of a long-range revenue analysis committee.

Impact

The implementation of HB 1349 would significantly enhance the state's capacity for long-term budgetary planning. The creation of this committee is designed to streamline revenue forecasting processes and ensure that legislative decisions are guided by comprehensive financial data. By routinely examining long-term cost drivers and revenue sources, the committee aims to provide a clearer picture of the state's fiscal health, which is crucial for effective governance. This could potentially lead to improved allocation of resources and prioritization of funding for key state initiatives.

Summary

House Bill 1349 proposes the establishment of a Long-Range Revenue Analysis Committee within the framework of the Texas Legislature. This committee is tasked with producing biannual reports that project the state's financial status over a ten-year horizon. This initiative aims to give lawmakers better insights into revenue trends and fiscal pressures, thereby facilitating informed budget decisions and long-term financial planning. The reports are expected to focus on various economic drivers, including population demographics and workforce statistics, which affect the state's fiscal landscape.

Contention

Although the bill is largely seen as a positive step for fiscal responsibility, it may face scrutiny regarding its effectiveness and the ability of the committee members to reach consensus on revenue projections. Questions may arise concerning the transparency of the committee's operations and the objectivity of its reports, especially given the powerful role of the Legislative Budget Board in the approval process. Stakeholders may also debate the actual impact of such projections on real-time budgetary decisions, which often have immediate political implications. As with any governance reform, the challenge will be in balancing analytical rigor with practical legislative needs.

Companion Bills

No companion bills found.

Previously Filed As

TX HB5020

Relating to the establishment of the Autism Medicaid Services Program Advisory Committee to evaluate the provision of applied behavior analysis services under Medicaid.

TX SB2177

Relating to the establishment of the Autism Medicaid Services Program Advisory Committee to evaluate the provision of applied behavior analysis services under Medicaid.

TX HB15

Relating to the creation of the Mental Health and Brain Research Institute of Texas.

TX SB1828

Relating to the procurement by local governments of energy savings performance contracts for certain conservation measures; creating criminal offenses; authorizing a fee.

TX HB1755

Relating to the creation of the Lone Star Workforce of the Future Fund.

TX HB5

Relating to agreements authorizing a limitation on taxable value of certain property to provide for the creation of jobs and the generation of state and local tax revenue; authorizing fees; authorizing penalties.

TX HB44

Relating to measures to ensure the safety and welfare of the southern border region of this state, including protection from ongoing criminal activity and public health threats; creating a criminal offense; creating a civil penalty.

TX HB20

Relating to measures to ensure the safety and welfare of the border region of this state, including protection from ongoing criminal activity and public health threats and the establishment of the Border Protection Unit; creating a criminal offense; creating a civil penalty.

TX HB2843

Relating to the authorization, licensing, and regulation of casino gaming and sports wagering in this state, to the creation, powers, and duties of the Texas Gaming Commission, to the support of the horse racing industry and reform of horse racing and greyhound racing, and to other provisions related to gambling; imposing and authorizing administrative and civil penalties; imposing taxes; imposing and authorizing fees; requiring occupational licenses; creating criminal offenses.

TX SB1056

Relating to the directors and administration of the Hidalgo County Water Improvement District No. 3.

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