H.B. No. 1564 1-1 AN ACT 1-2 relating to the attorney general's review of bonds issued by 1-3 political subdivisions of this state. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 3.002, Article 3, Chapter 53, Acts of the 1-6 70th Legislature, 2nd Called Session, 1987 (Article 717k-8, 1-7 Vernon's Texas Civil Statutes), is amended by adding Subsection (h) 1-8 to read as follows: 1-9 (h) In the review of bonds under this article, the attorney 1-10 general has the express authority to collect, in the form required 1-11 by the bond review board, information on bonds issued by a 1-12 municipal corporation or other political subdivision of this state. 1-13 The information must include the terms of the bonds and the debt 1-14 service payable on the bonds and other information required for 1-15 this purpose by the bond review board. The attorney general shall 1-16 send the information to the bond review board for inclusion in the 1-17 board's report of debt statistics under Section 7A, Chapter 1078, 1-18 Acts of the 70th Legislature, Regular Session, 1987 (Article 1-19 717k-7, Vernon's Texas Civil Statutes). 1-20 SECTION 2. Section 7A(c), Chapter 1078, Acts of the 70th 1-21 Legislature, Regular Session, 1987 (Article 717k-7, Vernon's Texas 1-22 Civil Statutes), is amended to read as follows: 1-23 (c) State agencies, the attorney general, and local 1-24 governments shall in a timely manner provide the board with all 2-1 information reasonably believed by the board to be necessary to 2-2 prepare the board's report to the legislature. 2-3 SECTION 3. This Act takes effect September 1, 1995, and 2-4 applies only to bonds submitted to the attorney general for 2-5 approval on or after that date. 2-6 SECTION 4. The importance of this legislation and the 2-7 crowded condition of the calendars in both houses create an 2-8 emergency and an imperative public necessity that the 2-9 constitutional rule requiring bills to be read on three several 2-10 days in each house be suspended, and this rule is hereby suspended.