81R11537 SJM-D By: Zaffirini S.B. No. 2245 A BILL TO BE ENTITLED AN ACT relating to eliminating certain reporting requirements of university systems and institutions of higher education. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 2101.011, Government Code, is amended by adding Subsection (e) to read as follows: (e) A university system or an institution of higher education as those terms are defined by Section 61.003, Education Code, may submit a comprehensive annual financial statement prepared to comply with generally accepted accounting and reporting standards applicable to institutions of higher education in place of the annual financial statement required by this section. SECTION 2. Section 2101.0115, Government Code, is amended by adding Subsection (e) to read as follows: (e) This section does not apply to a university system or an institution of higher education as those terms are defined by Section 61.003, Education Code. SECTION 3. Section 412.042, Labor Code, is amended by adding Subsection (d) to read as follows: (d) Subsection (c) does not apply to a university system or an institution of higher education as those terms are defined by Section 61.003, Education Code. SECTION 4. Sections 33.083(d) and 61.0582, Education Code, are repealed. SECTION 5. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2009.