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A BILL TO BE ENTITLED
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AN ACT
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relating to the timely deposit of county funds received by the |
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county treasurer. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 113.022, Local Government Code, is |
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amended to read as follows: |
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Sec. 113.022. TIME FOR MAKING DEPOSITS. (a) A county |
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officer who receives funds shall deposit the funds with the county |
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treasurer on or before the next regular business day after the date |
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on which the funds are received. If this deadline is not met, the |
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officer must deposit the funds, without exception, on or before the |
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seventh business day after the day on which the funds are received. |
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However, in a county with fewer than 50,000 inhabitants, the |
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commissioners court may extend the period during which funds must |
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be deposited with the county treasurer, but the period may not |
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exceed 30 days after the date the funds are received. |
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(b) A county treasurer shall deposit the funds received |
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under Subsection (a) in the county depository in accordance with |
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Section 116.113(a). In all cases, the treasurer shall deposit the |
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funds on or before the seventh business day after the date the |
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treasurer receives the funds. |
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SECTION 2. This Act takes effect September 1, 2007. |