Honorable Allan Ritter, Chair, House Committee on Natural Resources
John S O'Brien, Director, Legislative Budget Board
SB1361 by Estes (Relating to the audit report exemption for certain general and special law districts.), As Engrossed
The bill would amend the Water Code to increase the threshold from $100,000 to $250,000 for gross receipts from operations, loans, taxes, or contributions for certain water districts to be allowed to file an annual financial report in lieu of complying with an annual audit from the Texas Commission on Environmental Quality (TCEQ).
According to TCEQ, the fiscal impact associated with the provisions of the bill is not anticipated to be significant to the agency.
582 Commission on Environmental Quality
JOB, SZ, TP