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Floor Packet Page No. 10
Amend CSSB 1, on page I-53, Trusteed Programs within the
Office of the Governor, by adding a new section as follows and by
renumbering the remaining sections accordingly:
"Sec.____. Use of Money in the Texas Enterprise Fund. Prior
to awarding a grant from funds appropriated above for Strategy
A.1.8, the Governor shall: (1) publish notice and hold a public
hearing before granting a grant more than $1,000,000; and (2)
ensure the entity receiving the grant is current on all taxes; in
compliance with all relevant environmental, occupational and
safety, and labor laws; and is in good standing under the laws of
the state in which the entity was formed or organized.
"In addition, grants must be paid in installments, with no
installment greater than 25% of the total subsidy and no more than
one installment paid per quarter. Scheduled goals must be met
before an installment is paid. The Governor shall require
recipients of grants to annually report the salary schedule,
including benefits, in bands of $5,000 for all positions related to
the grant, and whether health insurance and pension benefits
provided to employees are comparable to what is offered to state
employees, including dependent coverage."