Texas Government Code - Section 2262.004. Required Nepotism Disclosure
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Texas Laws > Government Code > Texas Government Code - Section 2262.004. Required Nepotism Disclosure
Section: 2261.151 2261.201 2261.202 2261.203 2262.001 2262.002 2262.003 2262.004 2262.051 2262.052 2262.053 2262.054 2262.101 2262.102 2262.103
§ 2262.004. REQUIRED NEPOTISM DISCLOSURE. (a) In this
(1) "Major stockholder" means a person who directly or
indirectly owns or controls more than a 10 percent interest or a
pecuniary interest with a value exceeding $25,000 in a business
(2) "Purchasing personnel" means an employee of a
state agency who makes decisions on behalf of the state agency or
(A) contract terms or conditions on a major
(B) who is to be awarded a major contract;
(C) preparation of a solicitation for a major
(D) evaluation of a bid or proposal.
(b) Before a state agency may award a major contract for the
purchase of goods or services to a business entity, each of the
state agency's purchasing personnel working on the contract must
disclose in writing to the administrative head of the state agency
any relationship the purchasing personnel is aware about that the
employee has with an employee, a partner, a major stockholder, a
paid consultant with a contract with the business entity the value
of which exceeds $25,000, or other owner of the business entity that
is within a degree described by Section 573.002.
(c) The state auditor shall develop a form for use in
reporting a relationship under Subsection (b).
(d) Notwithstanding Section 2262.001 or 2262.002, this
section applies to:
(1) an institution of higher education as defined by
Section 61.003, Education Code; and
(2) contracts of the Texas Department of
Transportation that relate to highway construction or highway
Added by Acts 2005, 79th Leg., ch. 649, § 1, eff. Sept. 1, 2005.
Last modified: August 11, 2007