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Floor Packet Page No. 8
Amend CSSB 1 (House Committee Printing) in Article I of the
bill, on page I-50 by adding the following Rider No. 12:
"The State Auditor shall examine the operations and
expenditures of the Texas Enterprise Fund and prepare and issue a
report to the 80th Legislature not later than October 1, 2006. The
report shall detail all the expenditures, contracts and agreements
made with or under this fund prior to September 1, 2006. The report
shall detail the number of jobs created by the corporation with whom
a contract or agreement is made, the expenditure per job, the
average salary or wage per job created in the State by the
corporation receiving funds from the Texas Enterprise Fund, the net
gain to state and local tax revenue, the projected net gain to state
and local tax revenue for the next five years, the number of jobs
which the corporation has or is projected to establish in a foreign
state or country, and a cost-benefit analysis."