86R3678 CJC-F
By: Kolkhorst S.B. No. 728
A BILL TO BE ENTITLED
AN ACT
relating to the verification of information provided to the
comptroller and contained in reports on compliance with agreements
under the Texas Economic Development Act.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 313.032(c), Tax Code, is amended to read
as follows:
(c) The portion of the report described by Subsection (a)(2)
must be based on data certified to the comptroller by each recipient
or former recipient of a limitation on appraised value under this
chapter. The recipient or former recipient shall contract with an
independent certified public accountant to verify the data
certified to the comptroller. The data may be verified using
information from any reliable source, including the Texas Workforce
Commission and the chief appraiser of the applicable appraisal
district.
SECTION 2. This Act takes effect September 1, 2019.