1-1  By:  Holzheauser (Senate Sponsor - Armbrister)        H.B. No. 2133
    1-2        (In the Senate - Received from the House April 26, 1993;
    1-3  April 27, 1993, read first time and referred to Committee on
    1-4  Intergovernmental Relations; May 5, 1993, reported favorably by the
    1-5  following vote:  Yeas 7, Nays 0; May 5, 1993, sent to printer.)
    1-6                            COMMITTEE VOTE
    1-7                          Yea     Nay      PNV      Absent 
    1-8        Armbrister                                     x   
    1-9        Leedom             x                               
   1-10        Carriker                                       x   
   1-11        Henderson          x                               
   1-12        Madla              x                               
   1-13        Moncrief           x                               
   1-14        Patterson                                      x   
   1-15        Rosson             x                               
   1-16        Shapiro                                        x   
   1-17        Wentworth          x                               
   1-18        Whitmire           x                               
   1-19                         A BILL TO BE ENTITLED
   1-20                                AN ACT
   1-21  relating to the investment of funds of the Lavaca Hospital
   1-22  District.
   1-23        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-24        SECTION 1.  Section 12(a), Chapter 16, Acts of the 64th
   1-25  Legislature, Regular Session, 1975, is amended to read as follows:
   1-26        (a)  The board of directors of the district shall name one or
   1-27  more banks within its boundaries to serve as depository for the
   1-28  funds of the district.  All funds of the district, except those
   1-29  invested as provided in Section 5 and those transmitted to a bank
   1-30  or banks of payment for bonds or obligations issued or assumed by
   1-31  the district, shall be deposited as received with the depository
   1-32  bank and shall remain on deposit, provided that nothing herein
   1-33  shall limit the power of the board to place a portion of the <such>
   1-34  funds on time deposit, <or> purchase certificates of deposit, or
   1-35  invest a portion of the funds in a local government investment pool
   1-36  established in the Texas Treasury Safekeeping Trust Company.
   1-37        SECTION 2.  The importance of this legislation and the
   1-38  crowded condition of the calendars in both houses create an
   1-39  emergency and an imperative public necessity that the
   1-40  constitutional rule requiring bills to be read on three several
   1-41  days in each house be suspended, and this rule is hereby suspended,
   1-42  and that this Act take effect and be in force from and after its
   1-43  passage, and it is so enacted.
   1-44                               * * * * *
   1-45                                                         Austin,
   1-46  Texas
   1-47                                                         May 5, 1993
   1-48  Hon. Bob Bullock
   1-49  President of the Senate
   1-50  Sir:
   1-51  We, your Committee on Intergovernmental Relations to which was
   1-52  referred H.B. No. 2133, have had the same under consideration, and
   1-53  I am instructed to report it back to the Senate with the
   1-54  recommendation that it do pass and be printed.
   1-55                                                         Armbrister,
   1-56  Chairman
   1-57                               * * * * *
   1-58                               WITNESSES
   1-59  No witnesses appeared on H.B. No. 2133.