Bill Text: TX SB400 | 2017-2018 | 85th Legislature | Engrossed
Bill Title: Relating to the verification of information provided to the comptroller and contained in reports on compliance with agreements under the Texas Economic Development Act.
Sponsorship: Partisan Bill (Republican 1)
Status: (Engrossed - Dead) 2017-05-17 - Left pending in committee [SB400 Detail]
Download: Texas-2017-SB400-Engrossed.html
| By: Kolkhorst | S.B. No. 400 | |
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| relating to the verification of information provided to the | ||
| comptroller and contained in reports on compliance with agreements | ||
| under the Texas Economic Development Act. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 313.032(c), Tax Code, is amended to read | ||
| as follows: | ||
| (c) The portion of the report described by Subsection (a)(2) | ||
| must be based on data certified to the comptroller by each recipient | ||
| or former recipient of a limitation on appraised value under this | ||
| chapter. The recipient or former recipient shall contract with an | ||
| independent certified public accountant to verify the data | ||
| certified to the comptroller. The data may be verified using | ||
| information from any reliable source, including the Texas Workforce | ||
| Commission and the chief appraiser of the applicable appraisal | ||
| district. | ||
| SECTION 2. This Act takes effect September 1, 2017. | ||
