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House Bill 914 passed during the 2005 legislative session, effective January 1, 2006 Chapter 176 of the Local Government Code requires certain local government officials to file a conflicts disclosure statement with the local government records administrator, within seven days of becoming aware of:
A. that the officer or the officer's family member has an employment or business relationship that results in taxable income with a person who has executed a contract with the city or with whom the city is considering doing business, or
B. that the officer or the office's family member has accepted one or more gifts (other than food, lodging, transportation, or entertainment with an aggregate value of $250 in the preceding 12 months from a person who has executed a contract with the city or who is being considered for business with the city.