HB 3408
AN ACT relating to the posting of annual financial statements and
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to House committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
Requires open-enrollment charter schools to publicly disclose detailed information about their governing body members on their website, including biographical details, employment history, business interests, selection method, and service terms. The legislation also mandates that charter schools post their three most recent financial statements online through a clearly visible link on their homepage, ensuring transparency and public access to key organizational information. These requirements aim to increase accountability and provide stakeholders with comprehensive insights into charter school governance and financial operations.
Subject Areas
Bill Text
relating to the posting of annual financial statements and governing body information on an open-enrollment charter school's BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 12.1211, Education Code, is amended to Sec. 12.1211. INFORMATION REGARDING [NAMES OF] MEMBERS OF GOVERNING BODY LISTED ON WEBSITE. An open-enrollment charter school shall list the names of the members of the governing body on the home page of the school's Internet website and provide additional information regarding members of the governing body in a manner that is easily accessible on the website, including: (1) relevant biographical information for each member related to employment history and educational experience; (2) whether a member has a substantial interest in a business entity as described by Section 171.002, Local Government Code, and if so, whether that business entity contracts with the (3) the total number of members; (4) the manner in which the members are selected as described in the school's charter; (5) the terms of service of each member on the (6) the total number of years each member has served. SECTION 2. Section 140.006(c), Local Government Code, is (c) The presiding officer of a school district shall submit a financial statement prepared under Section 140.005 to a daily, weekly, or biweekly newspaper published within the boundaries of the district. If a daily, weekly, or biweekly newspaper is not published within the boundaries of the school district, the financial statement shall be published in the manner provided by Subsections (a) and (b). The governing body of an open-enrollment charter school shall take action to ensure that the school's three most recent financial statements prepared under Section 140.005 are [statement is] made available in the manner provided by Chapter 552, Government Code, and are [is] posted continuously on the school's Internet website through a clearly identifiable link that appears in a prominent place on the home page of the website. SECTION 3. This Act takes effect September 1, 2025.
Bill History
Bill filed: AN ACT relating to the posting of annual financial statements and
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