The Comptroller of Public Accounts adopts an amendment to §5.160, concerning incorporation by reference: accounting policy statements 2008 - 2009, without changes to the proposed text as published in the December 21, 2012, issue of the Texas Register (37 TexReg 9880). The accounting policy statements are issued to provide procedures and guidelines to state agencies for the effective operation of the Uniform Statewide Accounting System and for preparation of the annual financial report. Each accounting policy statement contains legal references, a background section, comptroller requirements and state agency requirements, and division contact if more information is needed. Section 5.160 is being amended to correct the applicable biennium years, the effective date of the accounting policy statements and the name of the Fund Accounting Division.

No comments were received regarding adoption of the amendment.

The amendment is adopted under Government Code, §§403.011, 2101.012, 2101.035, and 2101.037, which provide the comptroller with the authority to prescribe rules and procedures relating to the operation of the Uniform Statewide Accounting System, the preparation of the annual financial report and supervising the state's fiscal concerns.

The amendment implements Government Code, §§403.011, 2101.012, 2101.035, and 2101.037.