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Senate Bill 2131 |
Senate Author: Powell et al. |
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Effective: 9-1-19 |
House Sponsor: Cortez |
Senate Bill 2131 amends the Government Code to provide for a member of the Texas Military Preparedness Commission to participate in a meeting by telephone or other means of telecommunication or electronic communication to consider an application for a loan from the Texas military value revolving loan account. The bill authorizes a defense community awarded such a loan to use a portion of the loan proceeds to pay off other debt the community incurred for purposes of financing an eligible project.