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  83R1746 TJB-D
 
  By: Williams S.B. No. 14
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the fiscal transparency and accountability of certain
  entities responsible for public money.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Chapter 46, Education Code, is amended by adding
  Subchapter D to read as follows:
  SUBCHAPTER D. PUBLIC INFORMATION REGARDING FACILITIES
         Sec. 46.101.  DEFINITION.  In this subchapter,
  "instructional facility" has the meaning assigned by Section
  46.001.
         Sec. 46.102.  INVENTORY OF EXISTING FACILITIES. (a) A
  school district or open-enrollment charter school shall post an
  inventory of the district's or school's existing facilities on the
  district's or school's Internet website.
         (b)  The inventory must include at least the following
  information regarding instructional facilities:
               (1)  the total available square footage and maximum
  student capacity of the district's or school's instructional
  facilities in aggregate;
               (2)  the total current student enrollment in the
  district or school; and
               (3)  for each separate instructional facility:
                     (A)  square footage;
                     (B)  maximum student capacity; and
                     (C)  current student enrollment.
         (c)  The inventory must include at least the following
  information regarding each facility other than an instructional
  facility:
               (1)  square footage;
               (2)  a statement of the facility's current use; and
               (3)  any other information specified by rule adopted by
  the commissioner.
         (d)  For a facility for which the school district or
  open-enrollment charter school developed and posted construction
  or renovation information in accordance with Section 46.103, the
  information provided under this section for the facility must also
  include the final updated information required under Section
  46.103. This subsection does not require a district or school to
  develop and post information regarding construction or renovation
  costs for a facility not subject to Section 46.103.
         (e)  A school district or open-enrollment charter school
  shall update the information posted under this section at least
  annually and more frequently if necessary to ensure that the
  information provides an accurate description of existing
  facilities.
         (f)  A school district or open-enrollment charter school
  shall maintain an Internet website to comply with this section.
         Sec. 46.103.  CONSTRUCTION AND RENOVATION OF FACILITIES.
  (a) A school district or open-enrollment charter school shall post
  on the district's or school's Internet website at least the
  information specified by this section regarding each project for
  the construction or renovation of a facility.
         (b)  The following information must be posted regarding an
  instructional facility:
               (1)  the square footage of the facility;
               (2)  the square footage per student, computed using the
  maximum student capacity at the facility;
               (3)  the cost per square foot;
               (4)  the cost per student, computed using the maximum
  student capacity at the facility; and
               (5)  the average cost of constructing a comparable
  facility in the region, as determined by the commissioner under
  Subsection (f).
         (c)  The following information must be posted regarding a
  facility other than an instructional facility:
               (1)  the square footage of the facility;
               (2)  a statement of the intended use of the facility;
               (3)  the cost per square foot;
               (4)  the average cost of constructing a comparable
  facility in the region, as determined by the commissioner under
  Subsection (f); and
               (5)  any other information specified by rule adopted by
  the commissioner.
         (d)  A school district or open-enrollment charter school
  shall comply with this section at the beginning of a project by
  posting information based on estimated costs and anticipated
  construction or renovation design plans. At the conclusion of the
  project, the district or school shall post updated information that
  reflects the actual cost and final specifications of the project.
  Subsequently, the district or school shall continue to post the
  information as provided by Section 46.102(d).
         (e)  A school district or open-enrollment charter school
  shall maintain an Internet website to comply with this section.
         (f)  The commissioner shall determine and periodically
  update information regarding the average cost per square foot in
  each region of the state of constructing instructional facilities
  and other school district or open-enrollment charter school
  facilities. The commissioner may base a determination under this
  subsection on any relevant information available to the
  commissioner and may enter into any contract necessary to authorize
  use of or access to the information.
  SECTION 2.  Section 51.005, Education Code, is amended to
  read as follows:
         Sec. 51.005.  ANNUAL FINANCIAL REPORT [REPORTS].  (a) Each
  institution of higher education shall:
               (1)  prepare a complete annual financial report as
  prescribed by Section 2101.011, Government Code; and
               (2)  post the institution's most recent annual
  financial report continuously on the institution's Internet
  website.
         (b)  Each institution of higher education that is a component
  of a university system shall include in its annual financial report
  a description of any debt issued by the university system for or on
  behalf of the institution during the fiscal year covered by the
  report. In this subsection, "university system" has the meaning
  assigned by Section 61.003.
         SECTION 3.  Subchapter C, Chapter 61, Education Code, is
  amended by adding Section 61.0621 to read as follows:
         Sec. 61.0621.  JUNIOR COLLEGE DISTRICT CONSTRUCTION COST
  REPORTING. (a) The board shall require each junior college
  district to report building construction costs and related
  information to the board for the purpose of determining:
               (1)  the average cost per square foot, adjusted for
  inflation for the region of the state in which the project is
  located; and
               (2)  the average cost per student for each junior
  college district.
         (b)  The board, in consultation with the governing boards of
  the state's junior college districts, shall prescribe the form,
  manner, and times of reports required under this section.
         (c)  The board shall compile the information reported under
  Subsection (a) for all junior college districts and periodically
  report its findings to the districts. The board and each junior
  college district shall post the board's findings on each respective
  entity's Internet website.
         (d)  The board shall adopt rules for the administration of
  this section.
         (e)  In administering this section, the board shall attempt
  to avoid duplicating other reporting requirements applicable to
  junior college districts.
         SECTION 4.  Subchapter B, Chapter 403, Government Code, is
  amended by adding Section 403.0117 to read as follows:
         Sec. 403.0117.  LOCAL TAX RATES PUBLISHED ON INTERNET. (a)  
  The comptroller shall publish on the comptroller's Internet
  website, listed by county:
               (1)  the name of each political subdivision that
  imposes a sales and use tax and the sales and use tax rate for the
  political subdivision; and
               (2)  the tax rate information reported to the
  comptroller by each county assessor-collector under Section
  26.16(e), Tax Code.
         (b)  The comptroller shall update the information described
  by Subsection (a) at least annually.
         SECTION 5.  Section 1202.008, Government Code, is amended to
  read as follows:
         Sec. 1202.008.  COLLECTION AND REPORT OF INFORMATION ON
  LOCAL [PUBLIC] SECURITIES [OF POLITICAL SUBDIVISIONS]. (a)  In
  this section, "local security" has the meaning assigned by Section
  1231.001.
         (b)  In reviewing public securities under this chapter, the
  attorney general shall [may] collect, in the form required by the
  Bond Review Board, information on each local security [public
  securities issued by a municipal corporation or political
  subdivision of this state].
         (c) [(b)]  The information must include:
               (1)  the terms of each local security [the public
  securities];
               (2)  the debt service payable on each local security 
  [the public securities]; and
               (3)  other information required by the Bond Review
  Board.
         (d) [(c)]  The attorney general shall send the information
  to the Bond Review Board for inclusion in the reports required by
  Sections [board's report of debt statistics under Section]
  1231.062, 1231.104, and 1231.105.
         (e)  The attorney general may not approve a local security
  under Section 1202.003 until the attorney general receives written
  notification from the Bond Review Board that the board:
               (1)  has received the information required by
  Subsection (c); or
               (2)  has agreed to a later date for the submission of
  the information.
         SECTION 6.  The heading to Subtitle B, Title 9, Government
  Code, is amended to read as follows:
  SUBTITLE B.  PROVISIONS APPLICABLE TO PUBLIC SECURITIES [ISSUED BY
  STATE GOVERNMENT]
         SECTION 7.  Section 1231.001, Government Code, is amended by
  adding Subdivision (4) to read as follows:
               (4)  "Local security" means a public security as
  defined by Section 1201.002, other than a state security.
         SECTION 8.  Section 1231.062(b), Government Code, is amended
  to read as follows:
         (b)  A report must include:
               (1)  total debt service as a percentage of total
  expenditures;
               (2)  total debt [tax-supported debt service as a
  percentage of general revenue expenditure;
               [(3)] per capita [total debt];
               (3)  tax-supported debt [(4)     per capita tax-supported
  debt;
               [(5)     total debt and tax-supported debt as a percentage
  of personal income;
               [(6)  total personal income per capita;
               [(7)     total debt per capita as a percentage of total
  personal income] per capita;
               (4) [(8)]  total debt and tax-supported debt as a
  percentage of real property valuations;
               (5)  [(9)     total debt and tax-supported debt as a
  percentage of annual revenues and expenditures;
               [(10)]  principal scheduled [required] to be repaid in
  five years, [and principal required to be repaid in] 10 years, and
  20 years;
               (6)  [(11)     growth rates of total debt per capita and
  total debt per dollar of personal income;
               [(12)]  recent issuances [trends in the issuance] of
  short-term notes;
               (7) [(13)]  recent trends in issuance costs;
               (8) [(14)]  savings from recent refundings;
               (9)  debt outstanding [(15) recent trends in
  capitalized interest use;
               [(16)  debt service coverage ratios, if applicable];
  and
               (10) [(17)]  other information the board considers
  relevant.
         SECTION 9.  The heading to Section 1231.102, Government
  Code, is amended to read as follows:
         Sec. 1231.102.  STATE SECURITIES ANNUAL REPORT.
         SECTION 10.  Subchapter F, Chapter 1231, Government Code, is
  amended by adding Sections 1231.104, 1231.105, and 1231.106 to read
  as follows:
         Sec. 1231.104.  LOCAL SECURITIES ANNUAL REPORT. Not later
  than the 180th day after the end of each state fiscal year, the bond
  finance office shall publish a report listing:
               (1)  the amount of local securities outstanding;
               (2)  applicable repayment schedules; and
               (3)  other information the office considers relevant.
         Sec. 1231.105.  ONLINE ANNUAL LOCAL DEBT STATISTICS REPORT.
  Not later than the 150th day after the end of each state fiscal
  year, the bond finance office shall publish on the office's
  Internet website a report that includes the statistical information
  listed in Section 1231.062(b) for all local securities for the
  preceding fiscal year.
         Sec. 1231.106.  REQUIRED INFORMATION. (a) An issuer of a
  local security shall provide annually to the bond finance office,
  and at other times required by the office, information that the
  office determines necessary to administer the powers or duties of
  the board or the office, including the preparation of any report.
         (b)  The bond finance office shall develop a standardized
  format to simplify the submission of information by an issuer under
  this section.
         SECTION 11.  Chapter 1251, Government Code, is amended by
  designating Sections 1251.001, 1251.002, 1251.003, 1251.004,
  1251.005, and 1251.006 as Subchapter A and adding a heading to
  Subchapter A to read as follows:
  SUBCHAPTER A.  COUNTIES AND MUNICIPALITIES
         SECTION 12.   Chapter 1251, Government Code, is amended by
  adding Subchapter B to read as follows:
  SUBCHAPTER B.  BOND MATTERS AFFECTING MORE THAN ONE TYPE OF
  POLITICAL SUBDIVISION
         Sec. 1251.051.  DEFINITIONS. In this subchapter:
               (1)  "Debt obligation" means an issued public security,
  as defined by Section 1201.002.
               (2)  "Political subdivision" means a county,
  municipality, school district, junior college district, other
  special district, or other subdivision of state government.
         Sec. 1251.052.  CONTENTS OF BALLOT PROPOSITION. (a)  The
  proposition submitted for an election to authorize a political
  subdivision to issue bonds must distinctly state:
               (1)  as a total amount and as a per capita amount:
                     (A)  the then-current principal of all
  outstanding debt obligations of the political subdivision;
                     (B)  the then-current combined principal and
  interest required to pay all outstanding debt obligations of the
  political subdivision on time and in full;
                     (C)  the principal of the bonds to be authorized;
  and
                     (D)  the estimated combined principal and
  interest required to pay the bonds to be authorized on time and in
  full;
               (2)  the purpose for which the bonds are to be
  authorized;
               (3)  the estimated rate of interest for the bonds to be
  authorized; and
               (4)  the maturity date of the bonds to be authorized.
         (b)  The requirements for a proposition prescribed by this
  section are in addition to any other requirements prescribed by
  law.  To the extent of a conflict between this section and Section
  52.072, Election Code, this section controls.
         Sec. 1251.053.  ONLINE SAMPLE BALLOT. A sample of the ballot
  printed for an election to authorize a political subdivision to
  issue bonds must be posted on the political subdivision's Internet
  website as soon as practicable after the official ballots have been
  prepared and must remain posted until the day following the
  election.
         Sec. 1251.054.  FORM OF BALLOT. The secretary of state shall
  prescribe a form of the ballot for an election held under this
  subchapter.  A political subdivision is not required to use the
  form.
         SECTION 13.  Section 140.005, Local Government Code, is
  transferred to Subchapter D, Chapter 12, Education Code,
  redesignated as Section 12.1191, Education Code, and amended to
  read as follows:
         Sec. 12.1191  [140.005].  ANNUAL FINANCIAL STATEMENT OF
  CHARTER SCHOOL [, ROAD, OR OTHER DISTRICT]. (a) The governing body
  of an [a school district,] open-enrollment charter school [, junior
  college district, or a district or authority organized under
  Article III, Section 52, or Article XVI, Section 59, of the Texas
  Constitution,] shall prepare an annual financial statement showing
  for each fund subject to the authority of the governing body during
  the fiscal year:
               (1)  the total receipts of the fund, itemized by source
  of revenue, including taxes, assessments, service charges, grants
  of state money, gifts, or other general sources from which funds are
  derived;
               (2)  the total disbursements of the fund, itemized by
  the nature of the expenditure; and
               (3)  the balance in the fund at the close of the fiscal
  year.
         (b)  The governing body of an open-enrollment charter school
  shall take action to ensure that the school's annual financial
  report is made available in the manner provided by Chapter 552,
  Government Code, and is posted continuously on the school's
  Internet website.
         (c)  An open-enrollment charter school shall maintain an
  Internet website to comply with this section.
         SECTION 14.  Chapter 140, Local Government Code, is amended
  by adding Section 140.008 to read as follows:
         Sec. 140.008.  ANNUAL FINANCIAL REPORT; DEBT INFORMATION.
  (a) In this section:
               (1)  "Debt obligation" means an issued public security,
  as defined by Section 1201.002, Government Code.
               (2)  "Political subdivision" means a county,
  municipality, school district, junior college district, other
  special district, or other subdivision of state government.
         (b)  A political subdivision shall prepare an annual
  financial report that includes:
               (1)  financial information for each fund subject to the
  authority of the governing body of the political subdivision during
  the fiscal year, including:
                     (A)  the total receipts of the fund, itemized by
  source of revenue, including taxes, assessments, service charges,
  grants of state money, gifts, or other general sources from which
  funds are derived;
                     (B)  the total disbursements of the fund, itemized
  by the nature of the expenditure;
                     (C)  the balance in the fund as of the last day of
  the fiscal year; and
                     (D)  any other information required by law to be
  included by the political subdivision in an annual financial report
  or comparable annual financial statement, exhibit, or report; and
               (2)  then-current debt obligation information for the
  political subdivision that must state:
                     (A)  as a total amount and as a per capita amount:
                           (i)  the amount of all authorized debt
  obligations;
                           (ii)  the principal of all outstanding debt
  obligations;
                           (iii)  the principal of each outstanding
  debt obligation;
                           (iv)  the combined principal and interest
  required to pay all outstanding debt obligations on time and in
  full; and
                           (v)  the combined principal and interest
  required to pay each outstanding debt obligation on time and in
  full; and
                     (B)  for each debt obligation:
                           (i)  the issued and unissued amount;
                           (ii)  the spent and unspent amount;
                           (iii)  the maturity date; and
                           (iv)  the stated purpose for which the debt
  obligation was authorized.
         (c)  The governing body of a political subdivision shall take
  action to ensure that:
               (1)  the political subdivision's annual financial
  report is made available for inspection by any person and is posted
  continuously on the political subdivision's Internet website; and
               (2)  the contact information for the main office of the
  political subdivision is continuously posted on the website,
  including the physical address, the mailing address, the main
  telephone number, and an e-mail address.
         (d)  A political subdivision shall maintain an Internet
  website to comply with this section.
         SECTION 15.  Section 271.047, Local Government Code, is
  amended by adding Subsection (d) to read as follows:
         (d)  Except in a case of grave public necessity to meet an
  unusual and unforeseen condition, the governing body of an issuer
  may not authorize a certificate to pay a contractual obligation to
  be incurred if a bond proposition to authorize the issuance of bonds
  for the same purpose was submitted to the voters during the
  preceding three years and failed to be approved.
         SECTION 16.  Section 271.049, Local Government Code, is
  amended to read as follows:
         Sec. 271.049.  NOTICE OF INTENTION TO ISSUE CERTIFICATES;
  PETITION AND ELECTION. (a) Regardless of the sources of payment of
  certificates, certificates may not be issued unless the issuer
  publishes notice of its intention to issue the certificates.  The
  notice must be published:
               (1)  once a week for two consecutive weeks in a
  newspaper, as defined by Subchapter C, Chapter 2051, Government
  Code, that is of general circulation in the area of the issuer, with
  the date of the first publication to be before the 45th [30th] day
  before the date tentatively set for the passage of the order or
  ordinance authorizing the issuance of the certificates; and
               (2)  continuously on the issuer's Internet website for
  at least 45 days before the date tentatively set for the passage of
  the order or ordinance authorizing the issuance of the
  certificates.
         (b)  The notice must state:
               (1)  the time and place tentatively set for the passage
  of the order or ordinance authorizing the issuance of the
  certificates;
               (2)  the [maximum amount and] purpose of the
  certificates to be authorized; [and]
               (3)  the manner in which the certificates will be paid
  for, whether by taxes, revenues, or a combination of the two;
               (4)  the following, stated as a total amount and as a
  per capita amount:
                     (A)  the then-current principal of all
  outstanding debt obligations of the issuer;
                     (B)  the then-current combined principal and
  interest required to pay all outstanding debt obligations of the
  issuer on time and in full;
                     (C)  the principal of the certificates to be
  authorized; and
                     (D)  the estimated combined principal and
  interest required to pay the certificates to be authorized on time
  and in full;
               (5)  the estimated rate of interest for the
  certificates to be authorized;
               (6)  the maturity date of the certificates to be
  authorized; and
               (7)  the process by which a petition may be submitted
  requesting an election on the issuance of the certificates, in the
  following form:
         "Five percent of the total number of voters of (name of
  issuer) that voted in the most recent gubernatorial general
  election may petition to require an election to be held authorizing
  the issuance of certificates of obligation by delivering a signed
  petition to the (insert "secretary or clerk" if the issuer is a
  municipality, or "county clerk" if the issuer is a county) of (name
  of issuer)  before the date the governing body has set for the
  authorization of the certificates of obligation. Information about
  the requirements of the petition may be obtained from the (insert
  "secretary or clerk" if the issuer is a municipality, or "county
  clerk" if the issuer is a county) of (name of issuer)."[.]
         (c)  If before the date tentatively set for the authorization
  of the issuance of the certificates or if before the authorization,
  the municipal secretary or clerk if the issuer is a municipality, or
  the county clerk if the issuer is a county, receives a petition
  signed by a number of qualified voters of the issuer equal to five
  percent or more of the number of votes cast in the municipality or
  county, as applicable, in the most recent gubernatorial general
  election [at least five percent of the qualified voters of the
  issuer] protesting the issuance of the certificates, the issuer may
  not authorize the issuance of the certificates unless the issuance
  is approved at an election ordered, held, and conducted in the
  manner provided for bond elections under Chapter 1251, Government
  Code.
         (d)  This section does not apply to certificates issued for
  the purposes described by Sections 271.056(1)-(3)
  [271.056(1)-(4)].
         (e)  An issuer shall maintain an Internet website to comply
  with this section.
         (f)  In this section, "debt obligation" means an issued
  public security, as defined by Section 1201.002, Government Code.
         SECTION 17.  Title 1, Special District Local Laws Code, is
  amended by adding Chapter 2 to read as follows:
  CHAPTER 2.  REVIEW OF CERTAIN SPECIAL DISTRICTS
         Sec. 2.001.  DEFINITION. In this chapter, "special
  district" means a political subdivision of this state that has a
  limited geographic area, is created by local law or under general
  law for a special purpose, and is authorized to impose a tax,
  assessment, or fee.  The term does not include a school district or
  junior college district.
         Sec. 2.002.  COMPREHENSIVE REVIEW REQUIRED. At least once
  every three years, the governing body of a special district shall
  conduct a comprehensive review of the district under this chapter
  to determine whether the district should be continued or dissolved.
         Sec. 2.003.  COMPREHENSIVE SELF-EVALUATION REPORT. (a)  
  After conducting the review, the governing body must publish a
  written self-evaluation report not later than the 30th day before
  the date of the public hearing required by Section 2.005.
         (b)  The self-evaluation report must include:
               (1)  an identification of the statutory provision
  authorizing the special district;
               (2)  an identification of the mission, goals, and
  objectives intended for the special district and an assessment of
  the extent to which the mission, goals, and objectives have been
  achieved, have failed to be achieved, or are continuing to be
  achieved;
               (3)  an identification of the problem or need that the
  special district was created to address and an assessment of the
  extent to which the problem or need has been addressed, has failed
  to be addressed, or is continuing to be addressed;
               (4)  an identification of the activities of the special
  district that overlap or duplicate those of other governmental
  entities;
               (5)  an identification of each tax, assessment, fee, or
  penalty that the special district is authorized to impose or
  collect;
               (6)  a statement of the revenue collected by the
  special district and an assessment of whether the revenue exceeds
  the amount needed to accomplish the mission, goals, and objectives
  of the district;
               (7)  an identification of the special district's
  financial liabilities, including bonds and other obligations; and
               (8)  a determination of whether the special district
  should be continued or dissolved.
         (c)  The governing body must make the self-evaluation report
  available for inspection by any person.  The governing body must
  take action to ensure that the self-evaluation report is posted
  continuously on the special district's Internet website.
         Sec. 2.004.  NOTICE OF HEARING. (a)  Not earlier than the
  30th day or later than the 15th day before the date of the hearing
  required by Section 2.005, the governing body of the special
  district must publish notice of the hearing in at least one
  newspaper of general circulation in the county in which the
  district is located and on the district's Internet website.  The
  notice on the website must remain posted until the conclusion of the
  hearing.
         (b)  The notice must contain a statement in the following
  form:
  "NOTICE OF PUBLIC MEETING TO DISCUSS THE CONTINUATION OF THE
  (INSERT NAME OF SPECIAL DISTRICT)
         "The (insert name of the district) was created in (insert
  year) to (insert purpose for district's creation). The district
  imposes a (insert type of tax, assessment, or fee, as appropriate,
  and the appropriate rate or amount). State law requires the
  district to hold a hearing at least every three years to determine
  whether the district should be continued or dissolved. The hearing
  will be held on (insert date) at (insert time) at (insert location).  
  A copy of the district's self-evaluation report is available at
  (insert the physical address of the district's main office, or the
  physical address of the main office of another local political
  subdivision if the district does not maintain an office, and the
  district's website address where the self-evaluation report is
  posted)."
         Sec. 2.005.  PUBLIC HEARING. (a)  The governing body of a
  special district must conduct a public hearing at which persons
  interested in the continuation or dissolution of the district are
  given the opportunity to be heard.
         (b)  At the conclusion of the hearing, the governing body
  must vote on the question of whether the special district should be
  continued or dissolved. If the governing body votes to dissolve the
  district, the governing body shall take action to dissolve the
  district.
         (c)  Not later than the 10th day after the date of the public
  hearing, the governing body must post on the special district's
  Internet website:
               (1)  the minutes of the hearing;
               (2)  the estimated number of members of the public in
  attendance at the hearing; and
               (3)  the number of witnesses testifying at the hearing.
         Sec. 2.006.  INTERNET WEBSITE.  A special district shall
  maintain an Internet website to comply with this chapter.
         SECTION 18.  The heading to Section 26.16, Tax Code, is
  amended to read as follows:
         Sec. 26.16.  REPORTING OF TAX RATES AND POSTING OF [TAX]
  RATES ON COUNTY'S INTERNET WEBSITE.
         SECTION 19.  Section 26.16, Tax Code, is amended by amending
  Subsections (a), (b), and (e) and adding Subsection (f) to read as
  follows:
         (a)  The county assessor-collector for each county,
  including those that do not participate in the assessment or
  collection of property taxes, shall maintain [that maintains] an
  Internet website. The county assessor-collector shall post on the
  website [of the county] the following information for the most
  recent five tax years beginning with the 2012 tax year for each
  taxing unit all or part of the territory of which is located in the
  county:
               (1)  the adopted tax rate;
               (2)  the maintenance and operations rate;
               (3)  the debt rate;
               (4)  the effective tax rate;
               (5)  the effective maintenance and operations rate; and
               (6)  the rollback tax rate.
         (b)  Each taxing unit [all or part of the territory of which
  is located in the county] shall annually provide the information
  described by Subsection (a) pertaining to the taxing unit to the
  county assessor-collector of each county in which all or part of the
  unit's territory is located [annually] following the adoption of a
  tax rate by the taxing unit for the current tax year.  The chief
  appraiser of the appraisal district established in the county may
  assist the county assessor-collector in identifying the taxing
  units required to provide information to the assessor-collector.
         (e)  The county assessor-collector for each county shall
  report the tax rate information described by Subsection (a) for the
  current tax year to the comptroller.
         (f)  The comptroller by rule shall prescribe the time and
  manner in which the information described by this section is
  required to be reported and published [presented].
         SECTION 20.  Section 140.006, Local Government Code, is
  repealed.
         SECTION 21.  (a)  Section 46.103, Education Code, as added by
  this Act, applies only to school district construction or
  renovation projects that are in progress on or are initiated on or
  after the effective date of this Act. A school district is not
  required to post information regarding projects that are completed
  on or before the effective date of this Act.
         (b)  Sections 1251.052 and 1251.053, Government Code, as
  added by this Act, apply only to a bond election ordered on or after
  the effective date of this Act.  A bond election ordered before the
  effective date of this Act is governed by the law in effect when the
  bond election was ordered, and the former law is continued in effect
  for that purpose.
         (c)  Not later than January 1, 2014, the secretary of state
  shall make available on the secretary of state's Internet website a
  form of the ballot described by Section 1251.054, Government Code,
  as added by this Act.
         (d)  The governing body of a school district or junior
  college district required to publish an annual financial statement
  under former Section 140.006, Local Government Code, shall publish
  an annual financial statement for the last fiscal year ending
  before the effective date of this Act for which the district has not
  published an annual financial statement.
         (e)  Section 140.008, Local Government Code, as added by this
  Act, applies only to an annual financial report for a fiscal year
  ending on or after the effective date of this Act. An annual
  financial report for a fiscal year ending before the effective date
  of this Act is governed by the law in effect when the fiscal year
  ended, and the former law is continued in effect for that purpose.
         (f)  The changes in law made by this Act to Section 271.049,
  Local Government Code, apply only to a certificate of obligation
  for which the first notice of intention to issue the certificate is
  made on or after the effective date of this Act. A certificate of
  obligation for which the first notice of intention to issue the
  certificate is made before the effective date of this Act is
  governed by the law in effect when the notice of intention is made,
  and the former law is continued in effect for that purpose.
         (g)  The governing body of a special district to which
  Chapter 2, Special District Local Laws Code, as added by this Act,
  applies must conclude the first comprehensive review cycle required
  by that chapter not later than September 1, 2014.
         SECTION 22.  This Act takes effect September 1, 2013.