Bill Text: TX HB1610 | 2017-2018 | 85th Legislature | Introduced


Bill Title: Relating to the disclosure of interested parties by business entities contracting with governmental entities or state agencies.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2017-03-23 - Left pending in committee [HB1610 Detail]

Download: Texas-2017-HB1610-Introduced.html
  85R5871 YDB-F
 
  By: Kuempel H.B. No. 1610
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the disclosure of interested parties by business
  entities contracting with governmental entities or state agencies.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 2252.908(a)(3), Government Code, is
  amended to read as follows:
               (3)  "Interested party" means a person who has a
  controlling interest, as defined by Section 171.0001, Tax Code, in
  a business entity with whom a governmental entity or state agency
  contracts or who actively participates in facilitating the contract
  or negotiating the terms of the contract, including a broker,
  intermediary, adviser, or attorney for the business entity.
         SECTION 2.  Sections 2252.908(b), (d), and (f), Government
  Code, are amended to read as follows:
         (b)  This section applies only to a contract that a business
  entity enters into or seeks to enter into with [of] a governmental
  entity or state agency that:
               (1)  requires an action or vote by the governing body of
  the governmental entity or state agency before the contract may be
  signed; and [or]
               (2)  has a value of at least $10 [$1] million.
         (d)  A governmental entity or state agency may not enter into
  a contract described by Subsection (b) with a business entity that
  does not have a disclosure of interested parties on file with the
  Texas Ethics Commission [unless the business entity, in accordance
  with this section and rules adopted under this section, submits a
  disclosure of interested parties to the governmental entity or
  state agency at the time the business entity submits the signed
  contract to the governmental entity or state agency].
         (f)  A business entity subject to this section shall submit a
  disclosure of interested parties to the Texas Ethics Commission:
               (1)  annually until expiration of the contract to which
  this section applies; and
               (2)  not later than the 30th day after the date of any
  material change in the interested parties previously disclosed by
  the business entity under this section [Not later than the 30th day
  after the date the governmental entity or state agency receives a
  disclosure of interested parties required under this section, the
  governmental entity or state agency shall submit a copy of the
  disclosure to the Texas Ethics Commission].
         SECTION 3.  Not later than December 1, 2017, the Texas Ethics
  Commission shall adopt any rules necessary to comply with the
  changes in law made by this Act.
         SECTION 4.  The changes in law made by this Act apply only to
  a contract for which the request for bids or proposals or other
  applicable expressions of interest is made public on or after
  January 1, 2018.
         SECTION 5.  This Act takes effect September 1, 2017.
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