By: Puente H.B. No. 2540 73R6048 MI-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the abolition of the Guadalupe-Blanco River Authority. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Chapter 75, Acts of the 43rd Legislature, 1st 1-5 Called Session, 1933 (Article 8280-106, Vernon's Texas Civil 1-6 Statutes), is repealed. 1-7 SECTION 2. On the effective date of this Act: 1-8 (1) The Guadalupe-Blanco River Authority is abolished. 1-9 (2) The powers, duties, and responsibilities conferred 1-10 by Chapter 75, Acts of the 43rd Legislature, 1st Called Session, 1-11 1933 (Article 8280-106, Vernon's Texas Civil Statutes), are 1-12 transferred to the Texas Water Development Board. 1-13 (3) All assets, including real property, records, 1-14 equipment, data, documents, facilities, and any other tangible or 1-15 intangible personal property of the Guadalupe-Blanco River 1-16 Authority, are transferred to the Texas Water Development Board. 1-17 (4) All outstanding obligations and liabilities of the 1-18 Guadalupe-Blanco River Authority are the obligations and 1-19 liabilities of the Texas Water Development Board. 1-20 (5) All employees of the Guadalupe-Blanco River 1-21 Authority who are not exempt from the requirements of the federal 1-22 wage and hour laws and any legal, engineering, and other 1-23 administrative staff that are necessary to assist the Texas Water 1-24 Water Development Board in administering the powers, duties, and 2-1 responsibilities transferred to the board by this Act are 2-2 transferred to the Texas Water Development Board. This subdivision 2-3 does not transfer to the board outside consultants currently 2-4 associated with the Guadalupe-Blanco River Authority, including 2-5 outside legal counsel, or the general manager, as described in 2-6 Section 5 of Chapter 75, Acts of the 43rd Legislature, 1st Called 2-7 Session, 1933 (Article 8280-106, Vernon's Texas Civil Statutes). 2-8 (6) All cash, receivables, and cash equivalents in the 2-9 possession of the Guadalupe-Blanco River Authority shall be 2-10 deposited in the general revenue fund to the credit of the Texas 2-11 Water Development Board. 2-12 SECTION 3. The abolition of the Guadalupe-Blanco River 2-13 Authority and the transfer of powers, duties, and obligations made 2-14 under this Act does not affect or impair any bonds authorized or 2-15 issued, or any obligation, right, permit, license, standard, rule, 2-16 criterion, order, or penalty that accrued or existed under the 2-17 Guadalupe-Blanco River Authority, and those bonds, obligations, 2-18 rights, permits, licenses, standards, rules, and criteria remain in 2-19 effect until they are paid, recalled, changed, altered, renewed, 2-20 amended, canceled, revoked, repealed, or abolished under the laws 2-21 of this state. 2-22 SECTION 4. The importance of this legislation and the 2-23 crowded condition of the calendars in both houses create an 2-24 emergency and an imperative public necessity that the 2-25 constitutional rule requiring bills to be read on three several 2-26 days in each house be suspended, and this rule is hereby suspended, 2-27 and that this Act take effect and be in force from and after its 3-1 passage, and it is so enacted.