The Legislative Budget Board (LBB) is a permanant joint committee that establishes budgetary recommendations for the Legislature regarding state agencies and estimates the resulting costs in proposed legislation.
According to the Handbook of Texas Online, a publication of the Texas State Historical Association:
"The board appoints the budget director, who prepares the budgetary requests of all state spending agencies as well as the appropriation bills for them. At each regular and special session of the legislature the director submits the legislative budget estimates, the results of extensive staff analyses of each agency's budget requests. The Legislative Budget Board maintains a program evaluation section that conducts comprehensive reviews of state agency programs and operations and compiles performance reports for the legislature."
The board provides documents and guides to understanding major funding initiatives like public education and transportation. In 1991, the LBB had more than 70 staff members and appropriations of more than $2.8 million.
The board was established in 1949 to improve the efficiency of state budgeting. The legislation required state agencies to submit budget requests to the LBB for recommendations.
In 1973, new legislation expanded the board's duties to include state agency performance audits and evaluations. The new directives also demanded the LBB create a system of fiscal notes to show likely costs in all bills not accounted for in the General Appropriations Act. The board's work has continued to evolve to include providing tax equity notes and determining the constitutionality of appropriations growth.