TITLE: Relating to a study by the Legislative Budget Board of the feasibility of preparing an impact statement regarding the effects of certain proposed legislation on a political subdivision.

SUMMARY: Relating to a study by the Legislative Budget Board of the feasibility of preparing an impact statement regarding the effects of certain proposed legislation on a political subdivision.

FULL TEXT:
AN ACT relating to a study by the Legislative Budget Board of the feasibility of preparing an impact statement regarding the effects of certain proposed legislation on a political subdivision. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. DEFINITION. In this Act, "political subdivision" includes a county, municipality, school district, junior college district, hospital district, or other special district. SECTION 2. STUDY REGARDING POLITICAL SUBDIVISION IMPACT STATEMENT. The Legislative Budget Board shall study the feasibility of estimating, and preparing a statement regarding, the impact of any bill or resolution being considered by the legislature on the distribution of funding and liabilities between this state and political subdivisions of this state, if the bill or resolution proposes to: (1) increase or decrease the funding available to a political subdivision; or (2) affect the responsibilities or liabilities of a political subdivision. SECTION 3. REPORT. Not later than December 1, 2014, the Legislative Budget Board shall report the results of the study to the lieutenant governor, the speaker of the house of representatives, and each member of the legislature. SECTION 4. EXPIRATION. This Act expires January 1, 2015. SECTION 5. EFFECTIVE DATE. 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.