84R25370 JSL-D
By: White of Tyler H.B. No. 2257
Substitute the following for H.B. No. 2257:
By: Tinderholt C.S.H.B. No. 2257
A BILL TO BE ENTITLED
AN ACT
relating to certain emergency services districts that are exempted
from filing an audit report.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 775.0821, Health and Safety Code, is
amended by amending Subsection (a) and adding Subsection (e) to
read as follows:
(a) This section applies only to a district to which Section
775.082 applies that:
(1) did not have any outstanding bonds secured by ad
valorem taxes or any outstanding liabilities secured by ad valorem
taxes having a term of more than one year during the previous fiscal
year;
(2) did not receive more than a total of $250,000 in
gross receipts from operations, loans, taxes, or contributions
during the previous fiscal year; and
(3) did not have a total of more than $250,000 in cash
and temporary investments during the previous fiscal year.
(e) A district that files compiled financial statements in
accordance with Subsection (b) and that maintains an Internet
website shall have posted on the district's website the compiled
financial statements for the most recent three years.
SECTION 2. This Act takes effect September 1, 2015.