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TX HB3373

Bill

Status

Introduced

2/26/2025

Primary Sponsor

William Metcalf

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • School districts must establish and maintain a publicly accessible online portal on their website with interactive dashboards and data visualization tools to provide real-time access to critical district documents

  • The portal must include all contracts and consulting agreements with details such as total contract value, change orders, payment applications, project timelines, conflict of interest disclosures, and contractor selection process information

  • Districts must disclose investment policies (objectives, risk tolerance, diversification strategies, fee structures) and provide regular investment portfolio performance reports including returns, fees paid, benchmark comparisons, and companies involved in buying/selling district bonds

  • Minutes, certified agendas, or recordings of all regular and special board of trustees meetings must be posted, along with PDF copies of agenda items when available, plus district financial reports

  • Districts must update the document repository within 30 days of creating, receiving, or modifying any required document; the act takes effect immediately with two-thirds legislative vote or September 1, 2025

Legislative Description

Relating to the provision by school districts of certain records and financial information to the public.

Education

Last Action

Referred to Public Education

3/21/2025

Committee Referrals

Public Education3/21/2025

Full Bill Text

No bill text available