Texas 2015 - 84th Regular

Texas House Bill HB914

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 creation of this committee is expected to impact state laws related to financial oversight and budget planning. By providing regular financial reports and revenue estimates for future fiscal years, the committee will offer a clearer outlook for lawmakers. It is anticipated that the insights derived from the committee's analyses will lead to improved revenue strategies and fiscal responsibility, ultimately contributing to a more stable financial environment for the state.

Summary

House Bill 914 establishes the Long-Range Revenue Analysis Committee aimed at enhancing the state's budgeting processes. This committee will be tasked with producing biannual long-range financial projection and revenue reports, which will assist the legislature in making informed budgetary decisions. The formation of this committee signifies a shift towards more systematic financial planning and forecasting within state governance, allowing for more proactive measures in addressing the state's fiscal needs.

Contention

Debate surrounding HB 914 may arise primarily from concerns about the committee's authority and its composition. Some stakeholders may argue about the transparency of the committee's processes and the potential for bias in financial projections influenced by political appointments. Furthermore, there could be discussions on the effectiveness of biannual reports, questioning whether they provide sufficient guidance for complex, long-term budgetary challenges that the state may face.

Companion Bills

No companion bills found.

Previously Filed As

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 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 HB1755

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

TX HB1513

Relating to the elimination of ad valorem taxes and the creation of a joint interim committee on the elimination of those taxes.

TX HB34

Relating to the elimination of ad valorem taxes and the creation of a joint interim committee on the elimination of those taxes.

TX HB181

Relating to the abolition of ad valorem taxes and the creation of a joint interim committee on the abolition of those taxes.

TX HB3455

Relating to the abolition of ad valorem taxes and the creation of a joint interim committee on the abolition of those taxes.

TX HB16

Relating to the abolition of ad valorem taxes and the creation of a joint interim committee on the abolition of those taxes.

TX HB13

Relating to the abolition of ad valorem taxes and the creation of a joint interim committee on the abolition of those taxes.

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