By: Whitmire S.B. No. 1068
73R4770 GWK-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to authorizing the issuance of general obligation bonds
1-3 for projects relating to facilities of corrections institutions.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 4(a), Chapter 696, Acts of the 70th
1-6 Legislature, Regular Session, 1987 (Article 601d-1, Vernon's Texas
1-7 Civil Statutes), is amended to read as follows:
1-8 (a)(1) The authority may issue up to $500 million in general
1-9 obligation bonds and distribute bond proceeds to appropriate
1-10 agencies for use for acquiring, constructing, or equipping new
1-11 facilities or for major repair or renovation of existing
1-12 facilities, corrections institutions, including youth corrections
1-13 institutions, and mental health and mental retardation
1-14 institutions.
1-15 (2) The authority may issue up to $400 million in
1-16 general obligation bonds, in addition to the amount authorized by
1-17 Subsection (a)(1) of this section, and distribute bond proceeds to
1-18 appropriate agencies for the same uses as authorized by Subsection
1-19 (a)(1) and to the Department of Public Safety for the purchase,
1-20 repair, and renovation of the Austin Independent School District
1-21 administration building adjacent to the Department of Public Safety
1-22 state headquarters, for the purpose of expanding the department's
1-23 state headquarters' central office building.
1-24 (3) The authority may issue up to $1.055 billion in
2-1 general obligation bonds, in addition to the amounts authorized by
2-2 Subsections (a)(1) and (a)(2) of this section, and distribute bond
2-3 proceeds to appropriate agencies for use for acquiring,
2-4 constructing, or equipping new prisons and substance abuse felony
2-5 punishment facilities to confine criminals and youth corrections
2-6 institutions, for major repair or renovation of existing prison
2-7 facilities and youth corrections institutions, and for the
2-8 acquisition of, major repair to, or renovation of other facilities
2-9 for use as state prisons, substance abuse felony punishment
2-10 facilities, or facilities in which pilot programs established as
2-11 provided by Section 614.011, Health and Safety Code, are conducted.
2-12 (4) The authority may issue up to $1 billion in
2-13 general obligation bonds, in addition to amounts authorized by
2-14 Subsections (a)(1), (a)(2), and (a)(3) of this section, and
2-15 distribute bond proceeds to appropriate agencies for use for
2-16 acquiring, constructing, or equipping new facilities or for major
2-17 repair or renovation of existing facilities of corrections
2-18 institutions.
2-19 (5) The bond proceeds may be used to refinance an
2-20 existing obligation for a purpose described by this subsection.
2-21 The authority may issue general obligation bonds authorized under
2-22 Subsection (a)(1) or (a)(2) of this section to refund revenue bonds
2-23 issued under this Act.
2-24 SECTION 2. This Act takes effect on the date on which the
2-25 constitutional amendment proposed by __J.R.__, 73rd Legislature,
2-26 Regular Session, 1993, takes effect. If that amendment is not
2-27 approved by the voters, this Act has no effect.
3-1 SECTION 3. The importance of this legislation and the
3-2 crowded condition of the calendars in both houses create an
3-3 emergency and an imperative public necessity that the
3-4 constitutional rule requiring bills to be read on three several
3-5 days in each house be suspended, and this rule is hereby suspended,
3-6 and that this Act take effect and be in force according to its
3-7 terms, and it is so enacted.