By Holzheauser H.C.R. No. 145 HOUSE CONCURRENT RESOLUTION 1-1 WHEREAS, under Article III, Section 52-a, Texas Constitution, 1-2 the legislature may create programs and make loans to provide for 1-3 development and diversification of the economy of the state and the 1-4 development or expansion of transportation and commerce in the 1-5 state; and 1-6 WHEREAS, Chapter 603, Acts of the 73rd Legislature, Regular 1-7 Session, 1993, created a revenue bond program, the purpose of which 1-8 is to provide loans to state agencies and local governments to 1-9 finance alternative fuels infrastructure projects that will 1-10 increase energy or cost savings for entities involved in 1-11 transportation and commerce; and 1-12 WHEREAS, Chapter 603, Acts of the 73rd Legislature, Regular 1-13 Session, 1993, authorizes the Alternative Fuels Council to certify 1-14 whether proposed projects will increase energy or cost savings; and 1-15 WHEREAS, Chapter 603, Acts of the 73rd Legislature, Regular 1-16 Session, 1993, authorizes the Texas Public Finance Authority to 1-17 make loans for alternative fuels projects it determines are 1-18 financially viable; and 1-19 WHEREAS, there is a request for confirmation of legislative 1-20 intent regarding the revenue bond program authorized by Chapter 1-21 603, Acts of the 73rd Legislature, Regular Session, 1993; now, 1-22 therefore, be it 1-23 RESOLVED, that the 74th Legislature of the State of Texas 2-1 affirms its intent that the purpose of Chapter 603, Acts of the 2-2 73rd Legislature, Regular Session, 1993, is to establish a program 2-3 whereby loans are made to state agencies, local governments 2-4 including school districts, mass transit authorities, 2-5 municipalities, counties, or special districts, and joint ventures 2-6 between the private sector and a state agency or local government 2-7 to finance alternative fuel projects through the purchase by the 2-8 state of obligations issued by those local governments or by the 2-9 pledge of state agency appropriations; and, be it further 2-10 RESOLVED, that the 74th Legislature of the State of Texas 2-11 affirms its intent that the legislature may, but is not obligated 2-12 to, appropriate funds to make payments on behalf of local 2-13 governments for loans authorized by Chapter 603, Acts of the 73rd 2-14 Legislature, Regular Session, 1993; and, be it further 2-15 RESOLVED, that the 74th Legislature of the State of Texas 2-16 affirms its intent that the loans authorized by Chapter 603, Acts 2-17 of the 73rd Legislature, Regular Session, 1993, be made to 2-18 facilitate alternative fuels projects for conversion of vehicles, 2-19 development of fueling stations, and the other purposes described 2-20 in the Act; and, be it further 2-21 RESOLVED, that the 74th Legislature of the State of Texas 2-22 affirms its intent that local governments are authorized to issue 2-23 obligations as evidence of repayment of the loan made by the Texas 2-24 Public Finance Authority Board under the program authorized by 2-25 Chapter 603, Acts of the 73rd Legislature, Regular Session, 1993; 3-1 and, be it further 3-2 RESOLVED, that the 74th Legislature of the State of Texas 3-3 affirms its intent that the revenue bond program authorized by 3-4 Chapter 603, Acts of the 73rd Legislature, Regular Session, 1993, 3-5 be implemented expeditiously to achieve its intended purposes.