H.B. No. 921
    1-1                                AN ACT
    1-2  relating to approval of bonds issued by a conservation and
    1-3  reclamation district.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 50.107(a), Water Code, is amended to read
    1-6  as follows:
    1-7        (a)  Notwithstanding any other law to the contrary, a
    1-8  district, other than a navigation district, created under Article
    1-9  XVI, Section 59, of the Texas Constitution, the boundaries of which
   1-10  include less than the total area of one county, may not issue bonds
   1-11  that will be paid wholly or partially by taxes levied by the
   1-12  district unless the commission determines that the project to be
   1-13  financed by the bonds is feasible and issues an order approving the
   1-14  bonds.  This section does not apply to refunding bonds.
   1-15        SECTION 2.  The importance of this legislation and the
   1-16  crowded condition of the calendars in both houses create an
   1-17  emergency and an imperative public necessity that the
   1-18  constitutional rule requiring bills to be read on three several
   1-19  days in each house be suspended, and this rule is hereby suspended,
   1-20  and that this Act take effect and be in force from and after its
   1-21  passage, and it is so enacted.