88R18175 SCP-F
 
  By: Smithee H.B. No. 4510
 
  Substitute the following for H.B. No. 4510:
 
  By:  Dean C.S.H.B. No. 4510
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to annual financial reports submitted by state agencies.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 2101.011, Government Code, is amended by
  amending Subsections (a) and (b) and adding Subsections (b-1) and
  (b-2) to read as follows:
         (a)  In this section:
               (1)  "Annual financial report" means the annual
  financial report required by this section.
               (2)  "Appropriated money" means money appropriated by
  the legislature under the General Appropriations Act or other law.
               (3)  "Institution of higher education" has the meaning
  assigned by Section 61.003, Education Code.
         (b)  Except as provided by Subsections (b-1) and (b-2), not
  [Not] later than November 1 [20] of each year, a state agency shall
  submit an annual financial report regarding the agency's use of
  appropriated money during the preceding fiscal year to:
               (1)  the governor;
               (2)  the comptroller;
               (3)  the Legislative Reference Library;
               (4)  the state auditor; and
               (5)  the Legislative Budget Board.
         (b-1)  An institution of higher education shall submit the
  annual financial report described by Subsection (b) not later than
  November 20 of each year.
         (b-2)  A state agency may submit an audited financial report
  in place of the report described by Subsection (b). An audited
  financial report must be submitted not later than December 15 of
  each year.
         SECTION 2.  This Act takes effect September 1, 2024.