By: Paxton  S.B. No. 1370
         (In the Senate - Filed March 1, 2023; March 16, 2023, read
  first time and referred to Committee on Transportation;
  May 2, 2023, reported adversely, with favorable Committee
  Substitute by the following vote:  Yeas 5, Nays 2, one present not
  voting; May 2, 2023, sent to printer.)
Click here to see the committee vote
 
  COMMITTEE SUBSTITUTE FOR S.B. No. 1370 By:  King
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to information contained in the annual financial audit of
  certain regional transportation authorities.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter J, Chapter 452, Transportation Code,
  is amended by adding Section 452.453 to read as follows:
         Sec. 452.453.  DISAGGREGATION OF EXPENDITURES: CERTAIN
  AUTHORITIES. The subregional board of an authority consisting of
  one subregion governed by a subregional board created under
  Subchapter O shall disaggregate expenditures by member
  municipality in an annual financial report using a uniform
  methodology that is proposed by the authority, provided to the
  board, and approved by resolution of a simple majority of the member
  municipalities' governing bodies. On request of a simple majority
  of the member municipalities' governing bodies, the authority shall
  propose a new methodology for disaggregating expenditures by member
  municipality under this section.
         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, 2023.
 
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