Bill: SB 431, 84(R) - 2015

Committee

Senate State Affairs

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Yes Neutral Neutral Positive Neutral Neutral

Author(s)

Kel Seliger

Bill Caption

Relating to the deadline for filing a candidate's personal financial statement.

Fiscal Notes

No significant fiscal implication to the State is anticipated. 

Bill Analysis

This legislation amends the statute by moving the due date of the personal financial statement from 40 to 60 days after the filing deadline or February 12, whichever is later. Current law traditionally sets the deadline for this statement to be submitted before general tax information from the following year is available, or legally required to be provided.

Vote Recommendation Notes

This bill is necessary to allow candidates filing personal financial statements to fulfill their personal responsibility to provide the most accurate information possible, which is hard to do if the required documentation is due before you are legally obligated to have possession of the necessary tax documentation. 

Source URL (retrieved on 03/29/2024 01:03 AM): http://reports.texasaction.com/bill/84r/sb431?print_view=true