2 ms·
https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00019F.htm https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00019F... Sec. 2274.002. PROVI
by klyrs 4y ago
https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00019F.htm https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00019F...
Sec. 2274.002. PROVISION REQUIRED IN CONTRACT.
(a) This section applies only to a contract that:
(1) is between a governmental entity and a company
with at least 10 full-time employees; and
(2) has a value of at least $100,000 that is paid
wholly or partly from public funds of the governmental entity.
Not just megacorp banks. In fact, it appears that megacorp banks might be exempt from this:
Sec. 2274.003. CERTAIN CONTRACTS EXEMPTED. (a) A contract
entered into in connection with or relating to the issuance, sale,
or delivery of notes under Subchapter H, Chapter 404, or the
administration of matters related to the notes, including the
investment of note proceeds, is exempt from this chapter if, in the
comptroller's sole discretion, the comptroller determines that
compliance with Section 2274.002 is likely to prevent...