H.B. No. 2829
    1-1                                AN ACT
    1-2  relating to authorizing the Elkins Lake Municipal Utility District
    1-3  to transfer money from the district's municipal utility district
    1-4  operating fund to the district's road utility district operating
    1-5  fund.
    1-6        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-7        SECTION 1.  DEFINITIONS.  In this Act:
    1-8              (1)  "Board" means the board of directors of the Elkins
    1-9  Lake Municipal Utility District.
   1-10              (2)  "District" means the Elkins Lake Municipal Utility
   1-11  District.
   1-12        SECTION 2.  AUTHORITY.  On the approval of the district's
   1-13  voters, the district may transfer to its road utility district
   1-14  operating fund the district's surplus net revenues from operation
   1-15  funds collected under its municipal utility district taxing
   1-16  authority through March 1, 1993.  The total amount of transfers
   1-17  under this Act may not exceed $500,000.
   1-18        SECTION 3.  ELECTION.  (a)  The board of directors shall call
   1-19  and hold an election in the district to determine whether the
   1-20  district will be authorized to transfer the funds.
   1-21        (b)  At the election, the ballots shall be printed to permit
   1-22  voting for or against the proposition:  "The Elkins Lake Municipal
   1-23  Utility District shall be authorized to transfer surplus net
   1-24  revenues up to $500,000 from the municipal utility district
    2-1  operating fund to the road utility district operating fund."
    2-2        (c)  If a majority of the qualifying voters of the district
    2-3  voting in the election favor the proposition, the district may
    2-4  transfer the surplus net revenues in whole or in part at any time.
    2-5        (d)  If a majority of the qualifying voters of the district
    2-6  voting in the election do not favor the proposition, the board may
    2-7  not call and hold another election on the proposition before the
    2-8  first anniversary of the date on which the most recent election on
    2-9  the proposition is held.
   2-10        (e)  Section 41.001(a), Election Code, does not apply to an
   2-11  election under this Act.
   2-12        (f)  Except as otherwise provided by this Act, the board of
   2-13  directors shall call and hold the election in the manner provided
   2-14  by the Election Code and by Chapter 13, Acts of the 68th
   2-15  Legislature, 2nd Called Session, 1984 (Article 6674r-1, Vernon's
   2-16  Texas Civil Statutes), for municipal utility districts assuming
   2-17  road utility district authority.
   2-18        SECTION 4.  EMERGENCY.  The importance of this legislation
   2-19  and the crowded condition of the calendars in both houses create an
   2-20  emergency and an imperative public necessity that the
   2-21  constitutional rule requiring bills to be read on three several
   2-22  days in each house be suspended, and this rule is hereby suspended,
   2-23  and that this Act take effect and be in force from and after its
   2-24  passage, and it is so enacted.