Bill Text: TX SB1104 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to the verification of information provided to the comptroller and contained in reports on compliance with agreements under the Texas Economic Development Act.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2021-03-18 - Referred to Natural Resources & Economic Development [SB1104 Detail]
Download: Texas-2021-SB1104-Introduced.html
87R2600 CJC-F | ||
By: Kolkhorst | S.B. No. 1104 |
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relating to the verification of information provided to the | ||
comptroller and contained in reports on compliance with agreements | ||
under the Texas Economic Development Act. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 313.032(c), Tax Code, is amended to read | ||
as follows: | ||
(c) The portion of the report described by Subsection (a)(2) | ||
must be based on data certified to the comptroller by each recipient | ||
or former recipient of a limitation on appraised value under this | ||
chapter. The recipient or former recipient shall contract with an | ||
independent certified public accountant to verify the data | ||
certified to the comptroller. The data may be verified using | ||
information from any reliable source, including the Texas Workforce | ||
Commission and the chief appraiser of the applicable appraisal | ||
district. | ||
SECTION 2. This Act takes effect September 1, 2021. |