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A BILL TO BE ENTITLED
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AN ACT
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relating to the disbursement of money by a levee improvement |
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district. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter F, Chapter 57, Water Code, is amended |
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by adding Section 57.178 to read as follows: |
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Sec. 57.178. DISBURSEMENT OF DISTRICT MONEY. The board by |
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resolution may allow: |
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(1) a bank in which the district deposits money to sign |
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disbursements; |
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(2) the disbursement of district money to be |
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transferred by Automated Clearing House (ACH); and |
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(3) the wire or electronic transfer of district money |
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to vendors or other authorized accounts not in the name of the |
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district. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2023. |