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A BILL TO BE ENTITLED
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AN ACT
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relating to the availability of certain school district financial |
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information on districts' Internet websites. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter I, Chapter 39, Education Code, is |
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amended by adding Section 39.205 to read as follows: |
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Sec. 39.205. POSTING OF FINANCIAL INFORMATION ON SCHOOL |
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DISTRICT WEBSITE. (a) This section applies only to a school |
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district that is ranked among the 20 highest in student enrollment, |
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as determined by the commissioner. |
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(b) A school district to which this section applies shall |
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make easily accessible on the district's Internet website: |
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(1) a checking account transaction register that |
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includes, for each check written from a district checking account: |
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(A) the date shown on the check; |
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(B) the name of the person to whom the check was |
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written; and |
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(C) the purpose of the expenditure for which the |
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check was written; and |
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(2) statements of the district's obligated and |
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unobligated fund balances. |
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(c) A school district shall update the information required |
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by Subsection (b) in accordance with commissioner rule. |
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SECTION 2. Not later than November 1, 2007, the |
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commissioner of education shall adopt rules to implement Section |
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39.205, Education Code, as added by this Act. Not later than January |
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1, 2008, each school district to which Section 39.205, Education |
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Code, as added by this Act, applies shall provide access on the |
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district's Internet website to the information required under that |
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section. |
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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. |