By: Smith (Senate Sponsor - Jackson) H.B. No. 978
         (In the Senate - Received from the House March 19, 2007;
  March 29, 2007, read first time and referred to Committee on
  Education; April 18, 2007, reported favorably by the following
  vote:  Yeas 7, Nays 0; April 18, 2007, sent to printer.)
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to publication of the annual financial statement by a
  school district.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 140.006(d), Local Government Code, is
  amended to read as follows:
         (d)  A statement shall be published not later than two months
  after the date the fiscal year ends, except that a school district's
  statement shall be published not later than the 150th [120th] day
  after the date the fiscal year ends and in accordance with the
  accounting method required by the Texas Education Agency [Central
  Education Agency].
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2007.
 
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