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A BILL TO BE ENTITLED
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AN ACT
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relating to the examination fee imposed by the attorney general for |
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the examination of a record of proceedings for the issuance of |
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public securities and the uses of revenue from that fee; increasing |
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a fee. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1202.004, Government Code, is amended by |
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amending Subsection (c) and adding Subsection (f) to read as |
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follows. |
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(c) Except as provided by Subsection (d), the nonrefundable |
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examination fee required by this section is equal to the lesser of: |
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(1) one-tenth of one percent of the principal amount |
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of the public security to which the record of proceedings relates; |
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or |
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(2) $50,000 [$9,500]. |
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(f) The revenue attributable to fees collected under this |
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section during a state fiscal biennium that is not otherwise |
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appropriated in the General Appropriations Act for that state |
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fiscal biennium may be appropriated to the attorney general only |
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for the purpose of administering victim-related services and sexual |
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assault programs. |
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SECTION 2. The changes in law made by this Act apply only to |
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a record of proceedings submitted to the attorney general on or |
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after the effective date of this Act. A record of proceedings |
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submitted to the attorney general before the effective date of this |
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Act is governed by the law in effect on the date the record was |
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submitted, and the former law is continued in effect for that |
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purpose. |
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SECTION 3. This Act takes effect September 1, 2023. |