JWB C.S.H.B. 3317 75(R)BILL ANALYSIS WAYS & MEANS C.S.H.B. 3317 By: Horn 4-28-97 Committee Report (Substituted) BACKGROUND Section 312.619, Tax Code (Qualifications for Directors), sets forth qualifications for a person to serve as a Director of a county development district that person is at least 21 years of age, a resident citizen of the State of Texas, and a qualified voter within the county in which the district is located. Currently, there are no provisions barring someone with a financial interest in the creation of a development district from serving as a director. PURPOSE This bill requires directors to submit personal financial statements and signed affidavits stating that no personal vested interests exist in the creation or expansion of a county development district, to the county clerk, upon appointment and annually thereafter, continuing for 5 years after their term. RULEMAKING AUTHORITY It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency or institution. SECTION BY SECTION ANALYSIS SECTION 1.Section 312.618, Tax Code (Board of Directors), is amended by a adding subsections (c) and (d): (c) provides that each director, upon appointment, shall submit a financial statement that meets the requirements of Section 572.023, Government Code (Public Access to Statements), to the county clerk annually for the duration of his/her term and for five years after leaving the board. (d) provides that each director, upon appointment, will sign an affidavit that he/she does not and will not have a vested interest in the creation or expansion of the district for five years after leaving the board. SECTION 2.Section 312.620, Tax Code (Persons Disqualified to Serve), is amended by changing a section reference to take into account changes made to the Code during the 74th Legislature. SECTION 3.Effective date: September 1, 1997. SECTION 4.Emergency Clause. COMPARISON OF ORIGINAL TO SUBSTITUTE Adds language in SECTION 1 of this bill stating that each director, upon appointment, will sign an affidavit that he/she does not and will not have a vested interest in the creation or expansion of the district for five years after leaving the board. Also, the substitute alludes to a section of the Government Code about "public access to statements."