| |
|
|
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. |