SRC-JJJ H.B. 1219 76(R)   BILL ANALYSIS


Senate Research Center   H.B. 1219
76R2239 SMJ-FBy: Keel (Wentworth)
Intergovernmental Relations
5/10/1999
Engrossed


DIGEST 

Although many counties are required to be audited against generally
accepted accounting practices (procedures), the state law does not
establish that accounting procedures adopted by counties should comply with
procedures.  As a result counties can, and in some cases have, adopted
accounting procedures that conflict with these standards.  H.B. 1219
establishes conditions regarding the accounting system in certain counties. 

PURPOSE

As proposed, H.B. 1219 establishes conditions regarding the accounting
system in certain counties. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 112.002, Local Government Code, by adding
Subsection (c), to prohibit a regulation adopted under this section from
being inconsistent with generally accepted accounting principles as
established by the Governmental Accounting Standards Board. 

SECTION 2.  Makes application of this Act prospective.

SECTION 3.  Emergency clause.
  Effective date: upon passage.