84R8354 DDT-D
By: Villalba H.B. No. 1701
A BILL TO BE ENTITLED
AN ACT
relating to the approval period for a proposal for an award of a
grant from the Texas Enterprise 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 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 disapproved by the
lieutenant governor or speaker of the house of representatives if
that officer does not approve the proposal to award the grant before
the 31st [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. The change in law made by this Act applies only
to a proposal for an award of a grant from the Texas Enterprise 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 for an award of a grant from
the Texas Enterprise Fund submitted by the governor to the
lieutenant governor or speaker of the house of representatives 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 3. This Act takes effect September 1, 2015.