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A BILL TO BE ENTITLED
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AN ACT
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relating to the filing of personal financial statements by members |
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of the board of directors of a regional tollway authority; creating |
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an offense. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter F, Chapter 366, Transportation Code, |
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is amended by adding Section 366.263 to read as follows: |
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Sec. 366.263. FILING OF FINANCIAL STATEMENT BY DIRECTOR. |
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(a) Each member of the board of directors of a regional tollway |
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authority shall file the financial statement required of state |
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officers under Subchapter B, Chapter 572, Government Code, with the |
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Texas Ethics Commission. |
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(b) Subchapter B, Chapter 572, Government Code: |
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(1) applies to a director as if the director were a |
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state officer; and |
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(2) governs the contents, timeliness of filing, and |
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public inspection of a statement filed under this section. |
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(c) A director commits an offense if the director fails to |
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file the statement required by this section. An offense under this |
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subsection is a Class B misdemeanor. |
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SECTION 2. Section 366.263, Transportation Code, as added |
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by this Act, requiring a member of the board of directors of a |
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regional tollway authority to file a personal financial statement, |
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applies beginning January 1, 2014. A member of the board of |
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directors of a regional tollway authority is not required to |
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include financial activity occurring before January 1, 2014, in a |
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personal financial statement under that section. A member of the |
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board of directors of a regional tollway authority shall file the |
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first personal financial statement as required by this Act on or |
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before April 30, 2015. |
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SECTION 3. This Act takes effect January 1, 2014. |