HOUSE BILL 3357 |
HOUSE AUTHOR: Kuempel |
EFFECTIVE: 09-01-01 |
SENATE SPONSOR: Armbrister |
House Bill 3357 amends the Water Code to authorize a river authority to guarantee or provide credit support for public securities issued by a nonprofit corporation created by the river authority to act on its behalf if the guarantee or support benefits a public purpose of the authority and the public purpose is related to economic development and reducing unemployment or under employment.