Bill Text: TX HB3373 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the provision by school districts of certain records and financial information to the public.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2025-03-21 - Referred to Public Education [HB3373 Detail]
Download: Texas-2025-HB3373-Introduced.html
| 89R10067 BCH-D | ||
| By: Metcalf | H.B. No. 3373 | |
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| relating to the provision by school districts of certain records | ||
| and financial information to the public. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter Z, Chapter 44, Education Code, is | ||
| amended by adding Section 44.906 to read as follows: | ||
| Sec. 44.906. TRANSPARENCY OF PUBLIC INFORMATION; ONLINE | ||
| PORTAL. (a) For the purpose of streamlining and minimizing | ||
| requests for public information and reducing the associated costs | ||
| of fulfilling those requests, a school district shall establish, | ||
| maintain, and update regularly on the district's Internet website a | ||
| publicly accessible online portal developed in a user-friendly | ||
| format that allows a person to access a repository of critical | ||
| documents relating to the district's operations in real time | ||
| through interactive dashboards and data visualization tools. | ||
| (b) The online portal must be searchable and allow a person | ||
| to specify the records sought, including by keywords, date ranges, | ||
| and document types. | ||
| (c) The repository of critical documents must include: | ||
| (1) a copy of each contract and consulting agreement | ||
| entered into by the district, including: | ||
| (A) procurement records required by state law; | ||
| (B) the total value of the contract; | ||
| (C) change orders; | ||
| (D) payment applications; | ||
| (E) project timelines; | ||
| (F) conflict of interest disclosures; | ||
| (G) information regarding the selection process | ||
| for the contractor or consultant, as applicable; and | ||
| (H) any other key construction documents; | ||
| (2) a disclosure of the district's investment | ||
| policies, including information regarding: | ||
| (A) investment objectives; | ||
| (B) risk tolerance; | ||
| (C) diversification strategies; and | ||
| (D) fee structures; | ||
| (3) regular performance reports on the district's | ||
| investment portfolio, including information regarding: | ||
| (A) returns; | ||
| (B) fees paid; | ||
| (C) benchmark comparisons; and | ||
| (D) any company that employs a person involved in | ||
| buying, selling, or trading district bonds; | ||
| (4) the minutes, certified agenda, or recording, as | ||
| applicable, of each regular or special meeting of the district's | ||
| board of trustees, including a document in a portable document | ||
| format (PDF) of each agenda item, if available; and | ||
| (5) the district's financial reports. | ||
| (d) Not later than 30 days after the date a school district | ||
| creates, receives, or modifies a document described by Subsection | ||
| (c), the district shall update the repository of critical documents | ||
| accordingly. | ||
| SECTION 2. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2025. | ||
