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TX HB3373
Bill
Status
2/26/2025
Primary Sponsor
William Metcalf
Click for details
AI Summary
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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
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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
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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
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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
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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