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 |
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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 [ |
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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 [ |
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(2) has a value of at least $10 [ |
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(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 [ |
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(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 [ |
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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. |