Texas 2019 - 86th Regular

Texas Senate Bill SB2043 Latest Draft

Bill / Introduced Version Filed 03/07/2019

                            86R7559 JG-D
 By: Fallon S.B. No. 2043


 A BILL TO BE ENTITLED
 AN ACT
 relating to the filing of financial disclosure statements by
 trustees of certain independent school districts.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 11.064, Education Code, is amended by
 adding Subsection (a-5) and amending Subsection (c) to read as
 follows:
 (a-5)  A member of the board of trustees of an independent
 school district with a student enrollment of more than 30,000 is
 required to file the financial statement required of state officers
 under Subchapter B, Chapter 572, Government Code, in the same
 manner as the members of a board of trustees that has adopted a
 resolution under Subsection (a).
 (c)  A trustee required to file the financial statement under
 this section [serving in a school district that has adopted a
 resolution under Subsection (a) or that is subject to an order
 issued under Subsection (a-3)] commits an offense if the trustee
 fails to file the statement [required by the resolution or order].
 An offense under this section is a Class B misdemeanor.
 SECTION 2.  Section 11.064(a-5), Education Code, as added by
 this Act, applies beginning January 1, 2021, to a trustee who,
 before the effective date of this Act, was not required to file a
 financial statement under Section 11.064, Education Code, and such
 a trustee is not required to include financial activity occurring
 before January 1, 2020, in a statement filed under Section 11.064,
 Education Code.
 SECTION 3.  This Act takes effect January 1, 2020.