Statement on HB 1295, Texas
Published on:
February 1, 2016
Committee:
Testimony of Leslie Norwood, Managing Director and Associate General Counsel, SIFMA before of the Texas Ethics Commission on HB 1295.
SIFMA asks for clarification on HB 1295, a new law that became effective on January 1, 2016. HB 1295 creates a new disclosure reporting process for business entity counterparties entering into certain contracts with governmental entities or state agencies. SIFMA supports transparency in the markets and applauds the goal of HB 1295.