83R25531 SGA-D
By: Hegar S.B. No. 454
(Stephenson)
Substitute the following for S.B. No. 454: No.
A BILL TO BE ENTITLED
AN ACT
relating to the authority of the Jackson County Navigation District
to file an annual compilation or review report with the executive
director of the Texas Commission on Environmental Quality in lieu
of filing an annual audit report.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Notwithstanding any provisions of Subchapter G,
Chapter 49, Water Code, the Jackson County Navigation District, in
a fiscal year in which district net revenues exceed expenditures by
$10,000 or less, may submit to the executive director of the Texas
Commission on Environmental Quality a compilation report or a
review report instead of an audited financial statement.
SECTION 2. 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, 2013.