By: West, Ellis  S.B. No. 129
         (In the Senate - Filed November 30, 2006; January 29, 2007,
  read first time and referred to Committee on State Affairs;
  March 21, 2007, reported favorably by the following vote:  Yeas 8,
  Nays 0; March 21, 2007, sent to printer.)
 
 
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.  Subsection (d), Section 572.022, 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.
 
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