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House Bill 3854 |
House Author: Eiland |
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Effective: 6-19-09 |
Senate Sponsor: Jackson, Mike |
House Bill 3854 amends the Local Government Code to authorize a development corporation the creation of which was authorized by a unit wholly or partly located in the Hurricane Ike disaster area to issue bonds for certain projects relating to Hurricane Ike disaster relief. The bill specifies that such projects and bonds are not subject to administration by the Texas Economic Development and Tourism Office.
House Bill 3854 also amends state law to validate governmental acts and proceedings relating to a bond election held by a county in the Hurricane Ike disaster area on November 4, 2008.