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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