Texas 2015 - 84th Regular

Texas House Bill HB1554 Latest Draft

Bill / Introduced Version Filed 02/18/2015

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                            By: Shaheen H.B. No. 1554


 A BILL TO BE ENTITLED
 AN ACT
 relating to a report on local government operations prepared by the
 comptroller.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter B, Chapter 403, Government Code, is
 amended by adding Section 403.03056 to read as follows:
 Sec. 403.03056.  LOCAL GOVERNMENT OPERATIONS REPORT. (a) In
 this section, "local government" means a municipality, county,
 school district, hospital district, special-purpose district, or
 other political subdivision of this state.
 (b)  The comptroller shall prepare and deliver to the
 governor, the lieutenant governor, and each member of the
 legislature a report of local government operations that includes,
 for each local government in this state:
 (1)  a compilation of the local government's financial
 data, including:
 (A)  total revenue in the previous fiscal year;
 (B)  total expenditures in the previous fiscal
 year;
 (C)  pension liability, if applicable;
 (D)  tax-supported debt;
 (E)  revenue-supported debt;
 (F)  if the local government is a municipality,
 county, or school district, debt per capita;
 (G)  lease-purchase obligations; and
 (H)  certificates of obligation;
 (2)  the statutory or constitutional authority for:
 (A)  establishing the local government; and
 (B)  the local government's taxing or assessment
 authority, as applicable;
 (3)  the local government's method of governance,
 including the method by which the governing body of the local
 government is appointed or elected; and
 (4)  the year and method by which the local government
 was established.
 (c)  Not later than December 31 of each year ending in five
 and zero, the comptroller shall:
 (1)  deliver the report to the governor, the lieutenant
 governor, and each member of the legislature; and
 (2)  post the report on the comptroller's website.
 (d)  The comptroller may request information related to the
 report from a local government, and the local government shall
 comply with that request.
 (e)  Notwithstanding Subsection (c), the comptroller:
 (1)  shall prepare, deliver, and post the initial
 report not later than December 31, 2019; and
 (2)  is not required to prepare, deliver, or post a
 report in 2020.
 (f)  This subsection and Subsection (e) expire August 31,
 2023.
 SECTION 2.  This Act takes effect September 1, 2015.