By Keel H.B. No. 1219
76R2239 SMJ-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the accounting system in certain counties.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 112.002, Local Government Code, is
1-5 amended by adding Subsection (c) to read as follows:
1-6 (c) A regulation adopted under this section may not be
1-7 inconsistent with generally accepted accounting principles as
1-8 established by the Governmental Accounting Standards Board.
1-9 SECTION 2. (a) This Act applies only to a regulation
1-10 adopted by a county on or after the first day of the county's
1-11 fiscal year that begins on or after the effective date of this Act.
1-12 (b) A regulation adopted by a county before the first day of
1-13 the county's fiscal year that begins on or after the effective date
1-14 of this Act is covered by the law in effect immediately before the
1-15 effective date of this Act, and the former law continues in effect
1-16 for that purpose.
1-17 SECTION 3. The importance of this legislation and the
1-18 crowded condition of the calendars in both houses create an
1-19 emergency and an imperative public necessity that the
1-20 constitutional rule requiring bills to be read on three several
1-21 days in each house be suspended, and this rule is hereby suspended,
1-22 and that this Act take effect and be in force from and after its
1-23 passage, and it is so enacted.