By: Smithee (Senate Sponsor - Schwertner) H.B. No. 4510
(In the Senate - Received from the House May 3, 2023;
May 5, 2023, read first time and referred to Committee on Finance;
May 10, 2023, reported favorably by the following vote: Yeas 13,
Nays 0; May 10, 2023, sent to printer.)
Click here to see the committee vote
COMMITTEE VOTE
YeaNayAbsentPNV
HuffmanX
HinojosaX
BettencourtX
CampbellX
CreightonX
FloresX
HallX
HancockX
HughesX
KolkhorstX
NicholsX
PaxtonX
PerryX
SchwertnerX
WestX
WhitmireX
ZaffiriniX
A BILL TO BE ENTITLED
AN ACT
relating to annual financial reports submitted by state agencies.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 2101.011, Government Code, is amended by
amending Subsections (a) and (b) and adding Subsections (b-1) and
(b-2) to read as follows:
(a) In this section:
(1) "Annual financial report" means the annual
financial report required by this section.
(2) "Appropriated money" means money appropriated by
the legislature under the General Appropriations Act or other law.
(3) "Institution of higher education" has the meaning
assigned by Section 61.003, Education Code.
(b) Except as provided by Subsections (b-1) and (b-2), not
[Not] later than November 1 [20] of each year, a state agency shall
submit an annual financial report regarding the agency's use of
appropriated money during the preceding fiscal year to:
(1) the governor;
(2) the comptroller;
(3) the Legislative Reference Library;
(4) the state auditor; and
(5) the Legislative Budget Board.
(b-1) An institution of higher education shall submit the
annual financial report described by Subsection (b) not later than
November 20 of each year.
(b-2) A state agency may submit an audited financial report
in place of the report described by Subsection (b). An audited
financial report must be submitted not later than December 15 of
each year.
SECTION 2. This Act takes effect September 1, 2024.
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