Sec. 490G.008. CONFLICTS OF INTEREST. (a) A member of the board who has a substantial interest in a business entity or other person that previously applied for or received a state monetary or tax incentive from a program or fund subject to review by the board shall disclose that interest in writing to the board.
(b) A board member who has a business, commercial, or other relationship, other than an interest described by Subsection (a), that could reasonably be expected to diminish the person's independence of judgment in the performance of the person's responsibilities in relation to the board shall disclose the relationship in writing to the board.
Added by Acts 2015, 84th Leg., R.S., Ch. 915 (H.B. 26), Sec. 2.01, eff. September 1, 2015.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 490G - Economic Incentive Oversight Board
Section 490G.002. Establishment and Composition
Section 490G.003. Presiding Officer
Section 490G.005. Review of Certain State Incentive Programs; Performance Matrix
Section 490G.006. Schedule of Review; Recommendation to Legislative Audit Committee
Section 490G.007. Biennial Report