83R4794 ATP-D By: Anchia H.B. No. 3560 A BILL TO BE ENTITLED AN ACT relating to the filing of personal financial statements by members of the board of directors of a regional tollway authority; creating an offense. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter F, Chapter 366, Transportation Code, is amended by adding Section 366.263 to read as follows: Sec. 366.263. FILING OF FINANCIAL STATEMENT BY DIRECTOR. (a) Each member of the board of directors of a regional tollway authority shall file the financial statement required of state officers under Subchapter B, Chapter 572, Government Code, with the Texas Ethics Commission. (b) Subchapter B, Chapter 572, Government Code: (1) applies to a director as if the director were a state officer; and (2) governs the contents, timeliness of filing, and public inspection of a statement filed under this section. (c) A director commits an offense if the director fails to file the statement required by this section. An offense under this subsection is a Class B misdemeanor. SECTION 2. Section 366.263, Transportation Code, as added by this Act, requiring a member of the board of directors of a regional tollway authority to file a personal financial statement, applies beginning January 1, 2014. A member of the board of directors of a regional tollway authority is not required to include financial activity occurring before January 1, 2014, in a personal financial statement under that section. A member of the board of directors of a regional tollway authority shall file the first personal financial statement as required by this Act on or before April 30, 2015. SECTION 3. This Act takes effect January 1, 2014.