Sec. 334.022. STATE FISCAL IMPACT ANALYSIS. (a) Before calling an election on the resolution under Section 334.024, the municipality or county shall send a copy of the resolution to the comptroller.
(b) Before the 15th day after the date the comptroller receives the copy of the resolution, the comptroller shall:
(1) perform an analysis to determine if approval and implementation of the resolution will have a significant negative fiscal impact on state revenue; and
(2) provide to the municipality or county written notice of the results of the analysis.
(c) If the comptroller determines that implementation will have a significant negative fiscal impact on state revenue, the written analysis required under Subsection (b)(2) must include information on how to change the resolution so that implementation will not have a significant negative fiscal impact on state revenue.
(d) If the comptroller does not complete the analysis and provide the notice before the 30th day after the date the comptroller receives the copy of the resolution, the comptroller is considered to have determined that approval and implementation of the resolution will not have a significant negative fiscal impact on state revenue.
Added by Acts 1997, 75th Leg., ch. 551, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 334.005 334.006 334.007 334.008 334.0082 334.0083 334.021 334.022 334.023 334.0235 334.0236 334.024 334.0241 334.0242 334.025 NextLast modified: September 28, 2016