1-1  By:  Uher (Senate Sponsor - Patterson)                 H.B. No. 921
    1-2        (In the Senate - Received from the House April 3, 1995;
    1-3  April 4, 1995, read first time and referred to Committee on Natural
    1-4  Resources; April 19, 1995, reported favorably by the following
    1-5  vote:  Yeas 9, Nays 0; April 19, 1995, sent to printer.)
    1-6                         A BILL TO BE ENTITLED
    1-7                                AN ACT
    1-8  relating to approval of bonds issued by a conservation and
    1-9  reclamation district.
   1-10        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-11        SECTION 1.  Section 50.107(a), Water Code, is amended to read
   1-12  as follows:
   1-13        (a)  Notwithstanding any other law to the contrary, a
   1-14  district, other than a navigation district, created under Article
   1-15  XVI, Section 59, of the Texas Constitution, the boundaries of which
   1-16  include less than the total area of one county, may not issue bonds
   1-17  that will be paid wholly or partially by taxes levied by the
   1-18  district unless the commission determines that the project to be
   1-19  financed by the bonds is feasible and issues an order approving the
   1-20  bonds.  This section does not apply to refunding bonds.
   1-21        SECTION 2.  The importance of this legislation and the
   1-22  crowded condition of the calendars in both houses create an
   1-23  emergency and an imperative public necessity that the
   1-24  constitutional rule requiring bills to be read on three several
   1-25  days in each house be suspended, and this rule is hereby suspended,
   1-26  and that this Act take effect and be in force from and after its
   1-27  passage, and it is so enacted.
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