Comptroller Glenn Hegar announced his agency has created an online database for local governments to report their economic development agreements authorized by either Chapter 380 or Chapter 381 of the Local Government Code. The searchable database allows the public to search for agreements by local government, business entity and agreement type. The database will be Texas’ central repository for these local agreements, and local entities will provide a direct link on their website to the location of their agreement on the Comptroller’s website. The online database was a requirement of House Bill 2404 87(R) which also requires local governments to provide the Comptroller’s office with the information required by Government Code Sec. 403.0246(c) and the agreements they have entered into, amended or renewed within 14 days so the information may be made available on the Comptroller’s website. Local governments must also provide on their websites a direct link to the location of their agreement information on the Comptroller’s website. If a local government has not complied with a requirement to provide this information, the local government may be subject to a civil penalty of $1,000. The online database can be found here.