Amend CSHB 7 by adding the following new section, 
appropriately numbered, and renumbering the subsequent sections 
accordingly:
	SECTION ____.  Section 11.064, Education Code, as added by 
Chapter 249, Acts of the 78th Legislature, Regular Session, 2003, 
is amended by amending Subsections (a) and (c) and adding 
Subsections (a-1) and (a-2) to read as followings:
	(a)  The board of trustees [A trustee] of an independent 
school district by resolution adopted by majority vote may require 
each member of the board to  [with an enrollment of at least 5,000 
students shall] file the financial statement required of state 
officers under Subchapter B, Chapter 572, Government Code, with:
		(1)  the board of trustees; and                                               
		(2)  the Texas Ethics Commission.                                             
	(a-1)  Not later than the 15th day after the date a board of 
trustees adopts a resolution under Subsection (a), the board shall 
deliver a certified copy of the resolution to the Texas Ethics 
Commission.
	(a-2)  A resolution adopted under Subsection (a) applies 
beginning on January 1 of the second year following the year in 
which the resolutions is adopted.  A member of a board of trustees 
that has adopted a resolution under Subsection (a) is not required  
to include, in a financial disclosure statement under this section, 
financial activity occurring before January 1 of the year following 
the year in which the resolution is adopted.
	(c)  A trustee serving in a school district that has adopted 
a resolution under Subsection (a) [subject to this section] commits 
an offense if the trustee fails to file the statement required by 
the resolution [this section].  An offense under this section is a 
Class B misdemeanor.
	SECTION ____.  Section. 6.08, Chapter 249, Acts of the 78th 
Legislature, Regular Session, 2003, is repealed.