86R16824 ATP-D By: Shaheen, Metcalf, Button, Bohac, Miller H.B. No. 433 Substitute the following for H.B. No. 433: By: Holland C.S.H.B. No. 433 A BILL TO BE ENTITLED AN ACT relating to the disclosure of public money spent by certain political subdivisions for lobbying activities in a comprehensive annual financial report. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Chapter 140, Local Government Code, is amended by adding Section 140.012 to read as follows: Sec. 140.012. DISCLOSURE IN FINANCIAL REPORT OF AMOUNTS SPENT ON LOBBYING ACTIVITIES. (a) This section applies only to: (1) a political subdivision that imposes a tax; or (2) a regional mobility authority, toll road authority, or transit authority. (b) A political subdivision or authority that uses any public money to influence or attempt to influence the outcome of any legislation pending before the legislature must disclose on any comprehensive annual financial report required to be prepared by the political subdivision or authority the total amount spent during the fiscal year to compensate persons required to register as a lobbyist under Chapter 305, Government Code, to influence the outcome of legislation. (c) Subsection (b) does not require a political subdivision or authority to prepare a separate comprehensive annual financial report for the disclosures under that subsection. SECTION 2. Section 140.012, Local Government Code, as added by this Act, applies only to a fiscal year of an entity required to file a report that begins on or after the effective date of this Act. SECTION 3. 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, 2019.