By: Giddings H.R. No. 757
73R11371 LJD-D
R E S O L U T I O N
1-1 BE IT RESOLVED by the House of Representatives of the State
1-2 of Texas, That Rule 13, Section 9(a), Rules of the House of
1-3 Representatives, 73rd Legislature, is suspended, as provided by
1-4 House Rule 13, Section 9(f), to the extent described in this
1-5 resolution, to enable the conference committee appointed to adjust
1-6 the differences between the house and senate versions of H.B. No.
1-7 259, relating to the creation and administration of a linked
1-8 deposit program to encourage lending to historically underutilized
1-9 businesses and small businesses in distressed communities, to
1-10 successfully conclude the committee's deliberations by authorizing
1-11 the conferees to consider and take action on the following specific
1-12 matters:
1-13 (1) House Rule 13, Section 9(a)(1), is suspended to permit
1-14 the committee to insert "or a historically underutilized business"
1-15 before the period in Section 481.191(1), Government Code.
1-16 This action is necessary to clarify that a historically
1-17 underutilized business may be an eligible borrower for purposes of
1-18 a loan under the linked deposit program.
1-19 (2) House Rule 13, Section 9(a)(1) is suspended to permit
1-20 the committee to strike "historically underutilized businesses and
1-21 small businesses in distressed communities" in Section 481.193(a),
1-22 Government Code, and substitute "small businesses in distressed
1-23 communities and historically underutilized businesses".
1-24 This action is necessary to clarify that a historically
2-1 underutilized business is not required to be located in a
2-2 distressed community to participate in the program.