| (a) The economic benefit statement must include the
information described in Government Code, §403.608(b), including
the sources relied upon.
(b) The comptroller may require an applicant to supplement
or modify the economic benefit statement to provide further clarity
or if there are changes to project-related information.
(c) Information provided as an estimate of the associated
economic benefits that may be reasonably attributed to the project
may be generated from standard economic estimation techniques and
multipliers. This information shall be used to obtain a generalized
estimation of the economic benefits to be associated with the proposed
project. Any economic estimation modeling software used and all modifiers
that were incorporated in the calculations must be disclosed.
(d) The economic benefit statement must include the
project's associated economic benefits that, at minimum, consist of
the following:
(1) the impact on the gross revenues and employment
levels of local businesses that provide goods or services in connection
with the project or to an applicant's employees;
(2) the amount of state and local taxes that will be
generated as a result of the indirect economic impact of the project;
(3) the development of complementary businesses or
industries that locate in this state as a direct consequence of the
project;
(4) the total impact of the project on the gross domestic
product of this state;
(5) the total impact of the project on personal income
in this state; and
(6) the total impact of the project on state and local
taxes.
(e) The comptroller may reject an economic benefit
statement that is determined to be unreasonable or relies on unrealistic
assumptions of economic conditions.
(f) If the economic benefit statement is rejected,
then the comptroller may recommend not to approve the application.
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