Bill Text: TX HB3087 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the availability of certain special purpose district financial information on a district's Internet website.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-03-24 - Referred to Government Transparency & Operation [HB3087 Detail]
Download: Texas-2015-HB3087-Introduced.html
84R11649 BEF-D | ||
By: Fallon | H.B. No. 3087 |
|
||
|
||
relating to the availability of certain special purpose district | ||
financial information on a district's Internet website. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Chapter 140, Local Government Code, is amended | ||
by adding Section 140.012 to read as follows: | ||
Sec. 140.012. POSTING OF FINANCIAL INFORMATION BY SPECIAL | ||
PURPOSE DISTRICT. (a) In this section, "special purpose district" | ||
means a political subdivision of this state with boundaries that | ||
are not statewide, other than a municipality, county, or | ||
independent school district. | ||
(b) A special purpose district shall maintain a financial | ||
transparency Internet website and shall post to that website: | ||
(1) the district's budget for the district's current | ||
fiscal year and the three preceding fiscal years; | ||
(2) a comprehensive financial report for the | ||
district's three preceding fiscal years; and | ||
(3) an electronic checking account transaction | ||
register with information for the district's current fiscal year | ||
and the three preceding fiscal years that meets the requirements of | ||
Subsections (c), (d), and (e). | ||
(c) A special purpose district shall maintain the | ||
transaction register for the district's checking account in a | ||
searchable electronic spreadsheet format. Except as provided by | ||
Subsection (d), the electronic checking account transaction | ||
register must include for each check written from a district | ||
checking account: | ||
(1) the transaction amount; | ||
(2) the check number; | ||
(3) the name of the payee; and | ||
(4) a statement of the purpose of the expenditure for | ||
which the check was written. | ||
(c-1) Notwithstanding Subsection (c), a special purpose | ||
district's electronic checking account transaction register must | ||
contain the information required by Subsections (c)(1), (2), and | ||
(3) for each check dated before January 1, 2016. A district's | ||
electronic checking account transaction register must contain the | ||
information required by Subsections (c)(1) through (4) for each | ||
check dated on or after January 1, 2016. This subsection expires | ||
December 31, 2019. | ||
(d) A special purpose district may not include in the | ||
district's electronic checking account transaction register a | ||
check issued to a district employee in payment of a workers' | ||
compensation income benefit, medical benefit, death benefit, or | ||
burial benefit that is issued by a special purpose district | ||
operating as a self-insurer under Chapter 504, Labor Code. | ||
(e) A special purpose district shall update the electronic | ||
checking account transaction register at least once each month, not | ||
later than the 90th day after the closing date of the most recent | ||
monthly statement for the checking account. | ||
SECTION 2. This Act takes effect January 1, 2016. |