H.B. No. 823
1-1 AN ACT
1-2 relating to the term of an agreement with a depository selected by
1-3 certain hospital districts.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Sections 281.093(b) and (c), Health and Safety
1-6 Code, are amended to read as follows:
1-7 (b) If the board selects a depository in accordance with
1-8 Subsection (a)(1), the depository shall serve as the district
1-9 depository for four <two> years and until its successor is selected
1-10 and qualified.
1-11 (c) The board may extend any contract with a depository to
1-12 the next October and then select a depository for the following
1-13 four <two> years.
1-14 SECTION 2. This Act applies only to the selection of a
1-15 depository on or after the effective date of this Act. The
1-16 selection of a depository before the effective date of this Act is
1-17 governed by the law in effect immediately before the effective date
1-18 of this Act, and that law is continued in effect for that purpose.
1-19 SECTION 3. The importance of this legislation and the
1-20 crowded condition of the calendars in both houses create an
1-21 emergency and an imperative public necessity that the
1-22 constitutional rule requiring bills to be read on three several
1-23 days in each house be suspended, and this rule is hereby suspended,
1-24 and that this Act take effect and be in force from and after its
2-1 passage, and it is so enacted.