TITLE: Relating to the filing of financial disclosure statements by trustees of an independent school district and a junior college district; creating a criminal offense.

SUMMARY: Relating to the filing of financial disclosure statements by trustees of an independent school district and a junior college district; creating a criminal offense.

FULL TEXT:
AN ACT relating to the filing of financial disclosure statements by trustees of an independent school district and a junior college district; creating a criminal offense. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. The heading to Section 11.0641, Education Code, is amended to read as follows: Sec. 11.0641. FILING OF FINANCIAL STATEMENT BY TRUSTEE REQUIRED [FOR CERTAIN SCHOOL DISTRICTS].SECTION 2. Subchapter E, Chapter 130, Education Code, is amended by adding Section 130.0831 to read as follows: Sec. 130.0831. FILING OF FINANCIAL STATEMENT BY TRUSTEE. (a) A member of the board of trustees of a junior college district shall file the financial statement required of state officers under Subchapter B, Chapter 572, Government Code, with the Texas Ethics Commission. (b) Subchapter B, Chapter 572, Government Code: (1) applies to a trustee of a junior college district as if the trustee were a state officer; and (2) governs the contents, timeliness of filing, and public inspection of a statement filed under this section. (c) A trustee subject to this section commits an offense if the trustee fails to file the statement required by this section. An offense under this section is a Class Bmisdemeanor. SECTION 3. Sections 11.064 and 11.0641(a) and (f), Education Code, are repealed. SECTION 4. The changes in law made by this Act to Section 11.0641, Education Code, apply beginning January 1, 2017, to a trustee who, before the effective date of this Act, was not required to file a financial statement under Section 11.064 or 11.0641, Education Code, and such a trustee is not required to include financial activity occurring before January 1, 2016, in a statement filed under those sections. A trustee who was required to file a financial statement under Section 11.064, Education Code, before its repeal by this Act, shall file a financial statement under Section 11.0641, Education Code, for financial activity occurring in 2015. SECTION 5. Section 130.0831, Education Code, as added by this Act, applies beginning January 1, 2017. A trustee subject to Section 130.0831, Education Code, as added by this Act, is not required to include financial activity occurring before January 1, 2016, in a financial disclosure statement required under Section 130.0831, Education Code, as added by this Act. SECTION 6. This Act takes effect January 1, 2016.