Conflict of Interest Disclosures
The 79th Texas Legislature passed House Bill 914, which establishes new conflict-of-interest disclosure requirements for local government officers. That bill went into effect on January 1, 2006. The new law requires school board members and superintendents to file conflicts disclosure statements revealing certain relationships they may have with vendors doing business or seeking to do business with their school districts. It also mandates that trustees and superintendents report certain gifts received from current vendors and those seeking to become vendors.
Municipal Securities Rule-making Board