By: Brimer S.B. No. 470
 
 
A BILL TO BE ENTITLED
AN ACT
relating to the submission of uniform financial reports.
       BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
       SECTION 1.  Section 2101.012, Government Code, is amended by
amending Subsection (a) and adding Subsection (d) to read as
follows:
       (a)  The comptroller shall prescribe uniform accounting and
financial reporting procedures that each state agency shall use in
the preparation of the information requested under Section
2101.011.  The procedures may include procedures that prescribe a
uniform format for and a uniform method of reporting the financial
information included in the annual financial report.
       (d)  The comptroller may adopt rules to implement this
section.
       SECTION 2.  Section 2101.035, Government Code, is amended by
adding Subsection (h) to read as follows:
       (h)  State agencies shall report expenditures in the uniform
manner required by the comptroller.
       SECTION 3.  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.