The Comptroller of Public Accounts adopts amendments to §5.160, concerning incorporation by reference: accounting policy statements 2015 - 2016, without changes to the proposed text as published in the April 22, 2016, issue of the Texas Register (41 TexReg 2873). 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. This section is being amended to update the effective dates of the Accounting Policy Statements incorporated by reference. The section is also being amended to update the website address where the Accounting Policy Statements may be found.

No comments were received regarding adoption of the amendment.

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

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