Texas Statutes
Subchapter E. Business Development--General Provisions
Section 481.079. Report on Use of Money in Texas Enterprise Fund

Sec. 481.079. REPORT ON USE OF MONEY IN TEXAS ENTERPRISE FUND. (a) Before the beginning of each regular session of the legislature, the governor shall submit to the lieutenant governor, the speaker of the house of representatives, and each other member of the legislature a report on grants made under Section 481.078 that states:
(1) the number of direct jobs each recipient committed to create in this state;
(2) the number of direct jobs each recipient created in this state;
(3) the median wage of the jobs each recipient created in this state;
(4) the amount of capital investment each recipient committed to expend or allocate per project in this state;
(5) the amount of capital investment each recipient expended or allocated per project in this state;
(6) the total amount of grants made to each recipient;
(7) the average amount of money granted in this state for each job created in this state by grant recipients;
(8) the number of jobs created in this state by grant recipients in each sector of the North American Industry Classification System (NAICS); and
(9) of the number of direct jobs each recipient created in this state, the number of positions created that provide health benefits for employees.
(a-1) For grants awarded for a purpose specified by Section 481.078(d-1), the report must include only the amount and purpose of each grant.
(b) The report may not include information that is made confidential by law.
(c) The governor may require a recipient of a grant under Section 481.078 to submit, on a form the governor provides, information required to complete the report.
Added by Acts 2005, 79th Leg., Ch. 602 (H.B. 1938), Sec. 2, eff. September 1, 2005.
Amended by:
Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 43.02, eff. September 28, 2011.