GOVERNMENT CODE TITLE 3. LEGISLATIVE BRANCH SUBTITLE B. LEGISLATION CHAPTER 314. FISCAL NOTES AND COST PROJECTIONS Sec. 314.001. SYSTEM OF FISCAL NOTES. The Legislative Budget Board shall establish a system of fiscal notes identifying the probable costs of each bill or resolution that authorizes or requires the expenditure or diversion of state funds for a purpose other than one provided for in the general appropriations bill. Acts 1985, 69th Leg., ch. 479, Sec. 1, eff. Sept. 1, 1985. Sec. 314.002. COST ESTIMATES. In preparing a fiscal note, the board shall project cost estimates for a five-year period that begins on the effective date of the bill or resolution and shall state whether or not costs or diversions will be involved after that period. Acts 1985, 69th Leg., ch. 479, Sec. 1, eff. Sept. 1, 1985. Sec. 314.003. ATTACHMENT TO BILL OR RESOLUTION. (a) If a fiscal note is required on a bill or resolution, it must be attached to the bill or resolution before a committee hearing on the bill or resolution may be conducted. (b) The fiscal note must be printed on the first page of the committee report of the bill or resolution and on the first page of all subsequent printings. (c) The fiscal note must remain with the bill or resolution throughout the legislative process, including submission to the governor. Acts 1985, 69th Leg., ch. 479, Sec. 1, eff. Sept. 1, 1985. Sec. 314.004. EQUALIZED EDUCATION FUNDING IMPACT STATEMENT. (a) The board shall prepare for each bill or resolution that affects public education an equalized education funding impact statement. (b) The impact statement must evaluate the effect of the bill or resolution on all state equalized funding requirements and policies. (c) The impact statement must be attached to the bill or resolution immediately following the fiscal note attached under Section 314.003. Added by Acts 1990, 71st Leg., 6th C.S., ch. 1, Sec. 1.18, eff. Sept. 1, 1990. |
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