73R3703 DLF-F
          By Van de Putte                                        H.B. No. 823
                                 A BILL TO BE ENTITLED
    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.