Texas Labor Code 301.065 – Annual Report
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(a) As soon as practicable after the close of each fiscal year, the commission shall submit to the governor and the legislature a report on the administration and operation of the commission’s activities under this title during the preceding fiscal year, including each recommendation of the commission for amendments to this title.
(b) The annual report must include:
(1) a balance sheet of the money in the compensation fund;
(2) the commission’s long-term and short-term objectives; and
(3) any other information requested by the legislature or the Legislative Budget Board.
Terms Used In Texas Labor Code 301.065
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) At the time the commission submits the annual report under this section, the commission shall submit to the governor and the legislature a separate supplemental annual report consisting of any information required by other law to be included in the supplemental annual report.