Bill Text: TX SB728 | 2019-2020 | 86th 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 2-0)

Status: (Introduced - Dead) 2019-04-03 - Left pending in committee [SB728 Detail]

Download: Texas-2019-SB728-Introduced.html
  86R3678 CJC-F
 
  By: Kolkhorst S.B. No. 728
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  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, 2019.
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