1-1  By:  Giddings (Senate Sponsor - West)                 H.B. No. 1991
    1-2        (In the Senate - Received from the House April 21, 1995;
    1-3  April 25, 1995, read first time and referred to Committee on
    1-4  Economic Development; May 23, 1995, reported favorably by the
    1-5  following vote:  Yeas 6, Nays 2; May 23, 1995, sent to printer.)
    1-6                         A BILL TO BE ENTITLED
    1-7                                AN ACT
    1-8  relating to the historically underutilized business and small
    1-9  business linked deposit program.
   1-10        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-11        SECTION 1.  Section 481.197(c), Government Code, is amended
   1-12  to read as follows:
   1-13        (c)  The borrower shall apply a loan granted under this
   1-14  subchapter to working capital or to the purchase, construction, or
   1-15  lease of capital assets, including land, buildings, and equipment.
   1-16        SECTION 2.  This Act takes effect September 1, 1995, and
   1-17  applies only to a loan an application for which is submitted to the
   1-18  Texas Department of Commerce for review and consideration under
   1-19  Subchapter N, Chapter 481, Government Code, on or after that date.
   1-20        SECTION 3.  The importance of this legislation and the
   1-21  crowded condition of the calendars in both houses create an
   1-22  emergency and an imperative public necessity that the
   1-23  constitutional rule requiring bills to be read on three several
   1-24  days in each house be suspended, and this rule is hereby suspended.
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