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78R9006 MXM-D
By: Woolley H.B. No. 3021
A BILL TO BE ENTITLED
AN ACT
relating to the disclosure of business or financial relationships
by directors of sports authorities; imposing a criminal penalty.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter F, Chapter 335, Local Government
Code, is amended by adding Section 335.1085 to read as follows:
Sec. 335.1085. DISCLOSURE OF FINANCIAL OR BUSINESS
RELATIONSHIP. (a) In addition to the requirements of Chapter 171
and Section 335.108 and the requirements of Chapters 553 and 573,
Government Code, a director shall disclose any financial or other
business relationship that the director has with any person doing
business with the district.
(b) The director shall make the disclosure:
(1) in the board's minutes; and
(2) to the Texas Ethics Commission.
(c) A director who makes a disclosure under this section may
not vote or participate in any action related to the person about
whom the director made the disclosure.
(d) The director commits an offense if the director fails to
make the disclosure required by this section. The offense is a
third degree felony.
SECTION 2. This Act takes effect September 1, 2003, and
applies to any action taken, or disclosure required, by a director
of a sports and community venue district created under Chapter 335,
Local Government Code, on or after November 1, 2003. An action
taken by a director or employee of a sports and community venue
district created under Chapter 335, Local Government Code, before
November 1, 2003, is governed by the law as it existed immediately
before November 1, 2003, and that law is continued in effect for
that purpose.