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House Bill 4540 |
House Author: Raymond |
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Effective: See below |
Senate Sponsor: Zaffirini |
House Bill 4540 amends the Education Code to authorize the Commissioners Court of Webb County to develop or sell the rights to natural resources or minerals in lands held in trust by Webb County and to enter into an agreement as described by provisions of the Texas Constitution relating to the distribution of the permanent school fund.
House Bill 4540 takes effect December 1, 2009, contingent on voter approval of a constitutional amendment proposed by House Joint Resolution 142.