1-1 By: Montford S.B. No. 4
1-2 (In the Senate - Filed January 13, 1995; January 16, 1995,
1-3 read first time and referred to Committee on Finance;
1-4 January 18, 1995, reported favorably by the following vote: Yeas
1-5 12, Nays 0; January 18, 1995, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the issuance of general obligation bonds for projects
1-9 relating to corrections institutions and to an emergency
1-10 appropriation to the Texas Department of Criminal Justice for
1-11 acquiring, constructing, and equipping corrections institutions.
1-12 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-13 SECTION 1. From the unissued balance of general obligation
1-14 bonds that are authorized under Section 49-h, Article III, Texas
1-15 Constitution, the Texas Public Finance Authority shall issue bonds
1-16 in the amount of $236.4 million and distribute the proceeds for the
1-17 purposes specified in the emergency appropriation for the Texas
1-18 Department of Criminal Justice made by Subsection (b) of Section 2
1-19 of this Act.
1-20 SECTION 2. (a) In this section, "current General
1-21 Appropriations Act" means Chapter 1051, Acts of the 73rd
1-22 Legislature, 1993.
1-23 (b) In addition to amounts previously appropriated under the
1-24 current General Appropriations Act or other law for the current
1-25 fiscal biennium, the sum of $236.4 million is appropriated to the
1-26 Texas Department of Criminal Justice from the proceeds of the
1-27 issuance of bonds previously authorized under Section 49-h, Article
1-28 III, Texas Constitution, for the two-year period beginning on the
1-29 date the proceeds are available, for the payment of expenses
1-30 incurred in acquiring, constructing, or equipping new corrections
1-31 institutions.
1-32 SECTION 3. The importance of this legislation and the
1-33 crowded condition of the calendars in both houses create an
1-34 emergency and an imperative public necessity that the
1-35 constitutional rule requiring bills to be read on three several
1-36 days in each house be suspended, and this rule is hereby suspended,
1-37 and that this Act take effect and be in force from and after its
1-38 passage, and it is so enacted.
1-39 * * * * *