By: Gutierrez H.B. No. 1620 73R3791 CAG-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the validation of governmental acts and proceedings by 1-3 a municipality in connection with the financing of the repair, 1-4 improvement, or replacement of an international toll bridge. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Chapter 4, Title 28, Revised Statutes, is amended 1-7 by adding Article 1015g-7 to read as follows: 1-8 Art. 1015g-7 1-9 Sec. 1. APPLICATION. This article applies only to an 1-10 incorporated municipality operating under the general law or a 1-11 home-rule charter that authorizes, issues, or sells a revenue time 1-12 warrant or bond payable only from a source other than taxation and 1-13 that does not constitute a tax obligation. 1-14 Sec. 2. PROCEEDINGS VALIDATED. (a) The governmental acts 1-15 and proceedings of a municipality authorizing the issuance and sale 1-16 of revenue time warrants or bonds under Articles 1111-1118, Revised 1-17 Statutes, or Chapter 258, Acts of the 49th Legislature, 1945 1-18 (Article 1015g, Vernon's Texas Civil Statutes), and their 1-19 subsequent amendments, to finance or undertake to finance the cost 1-20 of repairing, improving, or replacing an international toll bridge 1-21 owned by the municipality, including the adoption of an order, 1-22 resolution, or ordinance, are validated as of the date of the 1-23 authorization, issuance, or sale of the revenue time warrant or 1-24 bond. 2-1 (b) The governmental acts or proceedings of a municipality 2-2 occurring after the authorization, issuance, or sale of a revenue 2-3 time warrant or bond may not be held invalid on the ground that the 2-4 authorization, issuance, or sale, in the absence of this article, 2-5 is invalid. 2-6 Sec. 3. EFFECT ON LITIGATION. This article does not apply 2-7 to any matter that on the effective date of this article: 2-8 (1) is involved in litigation if the litigation 2-9 ultimately results in the matter being held invalid by a final 2-10 judgment of a court of competent jurisdiction; 2-11 (2) has been held invalid by a final judgment of a 2-12 court of competent jurisdiction; or 2-13 (3) involves the issue of title to real property. 2-14 SECTION 2. This Act takes effect September 1, 1993. 2-15 SECTION 3. The importance of this legislation and the 2-16 crowded condition of the calendars in both houses create an 2-17 emergency and an imperative public necessity that the 2-18 constitutional rule requiring bills to be read on three several 2-19 days in each house be suspended, and this rule is hereby suspended.