Sec. 490G.005. REVIEW OF CERTAIN STATE INCENTIVE PROGRAMS; PERFORMANCE MATRIX. (a) The board shall examine the effectiveness and efficiency of programs and funds administered by the office of the governor, the comptroller, or the Department of Agriculture that award to business entities and other persons state monetary or tax incentives for which the governor, comptroller, or department has discretion in determining whether or not to award the incentives.
(b) The board shall develop a performance matrix that clearly establishes the economic performance indicators, measures, and metrics that will guide the board's evaluations of those programs and funds.
Added by Acts 2015, 84th Leg., R.S., Ch. 915 (H.B. 26), Sec. 2.01, eff. September 1, 2015.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 490G - Economic Incentive Oversight Board
Section 490G.002. Establishment and Composition
Section 490G.003. Presiding Officer
Section 490G.005. Review of Certain State Incentive Programs; Performance Matrix
Section 490G.006. Schedule of Review; Recommendation to Legislative Audit Committee
Section 490G.007. Biennial Report