TITLE 34.PUBLIC FINANCE

Part 10. TEXAS PUBLIC FINANCE AUTHORITY

Chapter 223. HISTORICALLY UNDERUTILIZED BUSINESS PROGRAM

34 TAC §223.1

The Texas Public Finance Authority (Authority) proposes new §223.1 concerning Historically Utilized Businesses. The new section adopts, through incorporation by reference, the rules of the Texas Building and Procurement Commission (TBPC) for historically underutilized businesses, 1 Texas Administrative Code §§111.11 - 111.28, in accordance with the requirements of Texas Government Code §2166.003.

The rules of the TBPC that are adopted by reference provide requirements for state agencies to make a good faith effort to include participation of historically underutilized businesses in an agency's contracts. They provide definitions, policies and procedures applicable to the HUB program, including annual procurement utilization goals, subcontracting requirements, agency planning and reporting requirements, HUB certification, protest procedures, HUB business directory requirements, HUB coordinator responsibilities, HUB forums, and a mentor-protege program.

Kim Edwards, Executive Director, has determined that for each year of the first five years the proposed section will be in effect, there will be no fiscal impact to state and local governments as a result of the enforcement or administration of the rules. There will be no measurable effect on local employment or the local economy as a result of the proposed rules.

Ms. Edwards has determined that for each year of the first five years the section is in effect the public benefit anticipated as a result of the proposed section will be uniform standards, consistent with statute, for the procurement of goods and services from HUB vendors. There is no anticipated economic cost to persons who are required to comply with the rules. There is no anticipated difference in cost of compliance between micro, small, and large businesses and no anticipated economic cost for these entities. State agencies are required to comply with TBPC HUB rules.

Comments may be submitted to Judith Porras, General Counsel, Texas Public Finance Authority, 300 W. 15th St., Room 411, Austin, TX 78701, judith.porras@tpfa.state.tx.us.

The new section is proposed under the authority of §2161.003 of the Government Code that requires agencies to adopt TBPC's HUB rules.

The following code provision is affected by this proposal: Government Code, §2161.003, Agency Rules.

§223.1.Historically Underutilized Businesses.

The Authority adopts by reference the rules promulgated by the Texas Building and Procurement Commission (TBPC) concerning Historically Underutilized Businesses, which are found in 1 Texas Administrative Code §§111.11 - 111.28, as amended. A copy of the TBPC rules may be obtained by written request to the Authority to the attention of the Executive Director at Texas Public Finance Authority, 300 W. 15th Street, Austin, Texas 78701, or by accessing the rules at: http://info.sos.state.tx.us/pls/pub/readtac$ext.ViewTAC?tac_view=5&ti=1&pt=5&ch=111&sch= B&rl=Y.

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on June 13, 2006.

TRD-200603240

Kimberly Edwards

Executive Director

Texas Public Finance Authority

Earliest possible date of adoption: July 30, 2006

For further information, please call: (512) 463-3143