Amend Floor Amendment No. 20 to CSHB 7, by striking (c) and 
inserting new subsection (c) and (d) as follows:
	(c)  The commissioner may require the members of the board of 
trustees of an independent school district to file the financial 
statement required of state officers under Subchapter B, Chapter 
572, Government Code in the same manner as a board that has adopted 
a resolution under subsection (a) upon determining that:
		(1)  one or more individual board members have failed 
to comply with disclosure and recusal requirements applicable to 
school boards under Chapter 171, Local Government Code;
		(2)  the district financial accounting practices are 
not adequate to safeguard state and district funds;
		(3)  the district has not met a standard set by the 
commissioner in the Financial Accountability Rating System; or
		(4)  upon a recommendation by the comptroller pursuant 
to a Texas Performance Review of the district.
	(c-1)  The commissioner may require filing financial 
statements under subsection (c) covering no more than three fiscal 
years and beginning on January 1 of the second year following the 
finding required under this subsection, but may renew the 
requirement upon making determining that one or more of the 
conditions in subsection (c) continue to exist.
	(d)  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.