Bill Text: TX SB1370 | 2023-2024 | 88th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to information contained in the annual financial audit of certain regional transportation authorities.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2023-05-05 - Referred to Transportation [SB1370 Detail]
Download: Texas-2023-SB1370-Comm_Sub.html
Bill Title: Relating to information contained in the annual financial audit of certain regional transportation authorities.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2023-05-05 - Referred to Transportation [SB1370 Detail]
Download: Texas-2023-SB1370-Comm_Sub.html
By: Paxton | S.B. No. 1370 | |
(In the Senate - Filed March 1, 2023; March 16, 2023, read | ||
first time and referred to Committee on Transportation; | ||
May 2, 2023, reported adversely, with favorable Committee | ||
Substitute by the following vote: Yeas 5, Nays 2, one present not | ||
voting; May 2, 2023, sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR S.B. No. 1370 | By: King |
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relating to information contained in the annual financial audit of | ||
certain regional transportation authorities. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter J, Chapter 452, Transportation Code, | ||
is amended by adding Section 452.453 to read as follows: | ||
Sec. 452.453. DISAGGREGATION OF EXPENDITURES: CERTAIN | ||
AUTHORITIES. The subregional board of an authority consisting of | ||
one subregion governed by a subregional board created under | ||
Subchapter O shall disaggregate expenditures by member | ||
municipality in an annual financial report using a uniform | ||
methodology that is proposed by the authority, provided to the | ||
board, and approved by resolution of a simple majority of the member | ||
municipalities' governing bodies. On request of a simple majority | ||
of the member municipalities' governing bodies, the authority shall | ||
propose a new methodology for disaggregating expenditures by member | ||
municipality under this section. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2023. | ||
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