| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to reporting of gifts of cash or a cash equivalent to |
|
|
public officials. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 572.022, Government Code, is amended by |
|
|
adding Subsection (d) to read as follows: |
|
|
(d) For a gift of cash or a cash equivalent such as a |
|
|
negotiable instrument or gift certificate that is reported in |
|
|
accordance with Section 572.023(b)(7), the individual filing the |
|
|
statement shall include in the description of the gift a statement |
|
|
of the value of the gift. |
|
|
SECTION 2. The heading of Section 572.022, Government Code, |
|
|
is amended to read as follows: |
|
|
Sec. 572.022. REPORTING CATEGORIES; REQUIRED DESCRIPTIONS. |
|
|
SECTION 3. Section 572.022(d), Government Code, as added by |
|
|
this Act, applies only to a financial statement required to be filed |
|
|
under Subchapter B, Chapter 572, Government Code, on or after |
|
|
January 1, 2008. A financial statement required to be filed under |
|
|
Subchapter B, Chapter 572, Government Code, before January 1, 2008, |
|
|
is governed by the law in effect immediately before the effective |
|
|
date of this Act, and the former law is continued in effect for that |
|
|
purpose. |
|
|
SECTION 4. This Act takes effect September 1, 2007. |