Bill Text: TX HB3294 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to the posting of annual financial information on public Internet websites by certain transportation-related entities.
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2011-04-20 - Left pending in committee [HB3294 Detail]
Download: Texas-2011-HB3294-Introduced.html
| 82R8817 VOO-D | ||
| By: Harper-Brown | H.B. No. 3294 | |
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| relating to the posting of annual financial information on public | ||
| Internet websites by certain transportation-related entities. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter A, Chapter 372, Transportation Code, | ||
| is amended by adding Section 372.002 to read as follows: | ||
| Sec. 372.002. ANNUAL ONLINE FINANCIAL REPORT. A toll | ||
| project entity shall post an annually updated financial report on | ||
| its public Internet website. The report shall include detailed | ||
| financial information, including: | ||
| (1) financial statements from each of the entity's | ||
| departments, including budgeted and actual expenditures; and | ||
| (2) information on all contracts, including contract | ||
| amounts and expenditures. | ||
| SECTION 2. The heading to Section 451.460, Transportation | ||
| Code, is amended to read as follows: | ||
| Sec. 451.460. ANNUAL REPORT: CERTAIN AUTHORITIES. | ||
| SECTION 3. Subchapter J, Chapter 451, Transportation Code, | ||
| is amended by adding Section 451.461 to read as follows: | ||
| Sec. 451.461. ANNUAL ONLINE FINANCIAL REPORT. An authority | ||
| shall post an annually updated financial report on its public | ||
| Internet website. The report shall include detailed financial | ||
| information, including: | ||
| (1) financial statements from each of the authority's | ||
| departments, including budgeted and actual expenditures; and | ||
| (2) information on all contracts, including contract | ||
| amounts and expenditures. | ||
| SECTION 4. Subchapter J, Chapter 452, Transportation Code, | ||
| is amended by adding Section 452.458 to read as follows: | ||
| Sec. 452.458. ANNUAL ONLINE FINANCIAL REPORT. An authority | ||
| shall post an annually updated financial report on its public | ||
| Internet website. The report shall include detailed financial | ||
| information, including: | ||
| (1) financial statements from each of the authority's | ||
| departments, including budgeted and actual expenditures; and | ||
| (2) information on all contracts, including contract | ||
| amounts and expenditures. | ||
| SECTION 5. Subchapter B, Chapter 453, Transportation Code, | ||
| is amended by adding Section 453.062 to read as follows: | ||
| Sec. 453.062. ANNUAL ONLINE FINANCIAL REPORT. A transit | ||
| department shall post an annually updated financial report on the | ||
| transit department's public Internet website. The report shall | ||
| include detailed financial information, including: | ||
| (1) financial statements from each of the transit | ||
| department's divisions, including budgeted and actual | ||
| expenditures; and | ||
| (2) information on all transit department contracts, | ||
| including contract amounts and expenditures. | ||
| SECTION 6. Subchapter B, Chapter 457, Transportation Code, | ||
| is amended by adding Section 457.059 to read as follows: | ||
| Sec. 457.059. ANNUAL ONLINE FINANCIAL REPORT. An authority | ||
| shall post an annually updated financial report on its public | ||
| Internet website. The report shall include detailed financial | ||
| information, including: | ||
| (1) financial statements from each of the authority's | ||
| departments, including budgeted and actual expenditures; and | ||
| (2) information on all contracts, including contract | ||
| amounts and expenditures. | ||
| SECTION 7. Subchapter F, Chapter 460, Transportation Code, | ||
| is amended by adding Section 460.407 to read as follows: | ||
| Sec. 460.407. ANNUAL ONLINE FINANCIAL REPORT. An authority | ||
| shall post an annually updated financial report on its public | ||
| Internet website. The report shall include detailed financial | ||
| information, including: | ||
| (1) financial statements from each of the authority's | ||
| departments, including budgeted and actual expenditures; and | ||
| (2) information on contracts, including contract | ||
| amounts and expenditures. | ||
| SECTION 8. Subchapter D, Chapter 472, Transportation Code, | ||
| is amended by adding Section 472.035 to read as follows: | ||
| Sec. 472.035. ANNUAL ONLINE FINANCIAL REPORT. A policy | ||
| board shall post an annually updated financial report on the | ||
| metropolitan planning organization's public Internet website. The | ||
| report shall include detailed financial information, including: | ||
| (1) financial statements from each of the metropolitan | ||
| planning organization's departments, including budgeted and actual | ||
| expenditures; and | ||
| (2) information on all metropolitan planning | ||
| organization contracts, including contract amounts and | ||
| expenditures. | ||
| SECTION 9. This Act takes effect September 1, 2011. | ||
