By: Junell H.B. No. 1006 73R4919 LJD-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to estimates by the Texas Public Finance Authority of 1-3 interest and sinking fund balances available for payment of debt 1-4 service on general obligation bonds. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Section 4, Chapter 696, Acts of the 70th 1-7 Legislature, Regular Session, 1987 (Article 601d-1, Vernon's Texas 1-8 Civil Statutes), is amended by adding Subsection (f) to read as 1-9 follows: 1-10 (f) The authority shall provide an accurate estimate of 1-11 interest and sinking fund balances available for payment of debt 1-12 service on general obligation bonds to the Legislative Budget Board 1-13 and the Governor's Office of Budget and Planning not later than 1-14 January 1 of each odd-numbered year. 1-15 SECTION 2. The importance of this legislation and the 1-16 crowded condition of the calendars in both houses create an 1-17 emergency and an imperative public necessity that the 1-18 constitutional rule requiring bills to be read on three several 1-19 days in each house be suspended, and this rule is hereby suspended, 1-20 and that this Act take effect and be in force from and after its 1-21 passage, and it is so enacted.