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 |
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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, 2019. |