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By: Coleman (Senate Sponsor - Hinojosa) |
H.B. No. 1456 |
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(In the Senate - Received from the House May 3, 2007; |
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May 15, 2007, read first time and referred to Committee on |
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Intergovernmental Relations; May 18, 2007, reported favorably by |
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the following vote: Yeas 4, Nays 0; May 18, 2007, sent to |
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printer.) |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the requirements for filing an annual financial |
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statement by a municipality. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 103.003(a), Local Government Code, is |
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amended to read as follows: |
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(a) The annual financial statement, including the auditor's |
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opinion on the statement, shall be filed in the office of the |
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municipal secretary or clerk within 180 [120] days after the last |
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day of the municipality's fiscal year. |
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SECTION 2. The change in law made by this Act to Section |
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103.003, Local Government Code, applies only to the filing of a |
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financial statement for a fiscal year ending on or after the |
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effective date of this Act. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |
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* * * * * |