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Get the free 86(R) SB 1309 - Introduced version - Texas Legislature Online

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By:Bettencourt, et al. S.B.ANO. A2A BILL TO BE ENTITLED AN ACT1 2relating to add valor em taxation.3BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:4SECTIONA1. Mathis Act may be cited as the
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86R SB 1309 is a bill passed in the 86th Texas Legislature which requires certain entities to report to the state the details of contracts they hold with foreign-owned businesses.
Entities that have contracts valued at or above certain thresholds with foreign-owned businesses in Texas are required to file 86R SB 1309.
Entities can fill out 86R SB 1309 by providing information about their contracts with foreign-owned businesses, including the details of the contracts and the names of the foreign-owned businesses.
The purpose of 86R SB 1309 is to increase transparency and oversight of contracts between entities in Texas and foreign-owned businesses, particularly those that may pose national security risks.
Information that must be reported on 86R SB 1309 includes the details of contracts with foreign-owned businesses, including the value of the contracts, the names of the foreign-owned businesses, and any potential national security risks.
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