1-1 By: Montford S.B. No. 867
1-2 (In the Senate - Filed March 2, 1995; March 6, 1995, read
1-3 first time and referred to Committee on Finance; April 10, 1995,
1-4 reported favorably by the following vote: Yeas 9, Nays 0;
1-5 April 10, 1995, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the use of the advance interest trust fund by the Texas
1-9 Employment Commission.
1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11 SECTION 1. Section 203.102, Labor Code, is amended by adding
1-12 Subsection (c) to read as follows:
1-13 (c) Subject to legislative appropriation, the commission may
1-14 use money in the advance interest trust fund, including any
1-15 interest earnings scheduled to be transferred under Section
1-16 203.103, for the administration of Chapters 51, 61, and 62.
1-17 SECTION 2. This Act takes effect September 1, 1995.
1-18 SECTION 3. The importance of this legislation and the
1-19 crowded condition of the calendars in both houses create an
1-20 emergency and an imperative public necessity that the
1-21 constitutional rule requiring bills to be read on three several
1-22 days in each house be suspended, and this rule is hereby suspended.
1-23 * * * * *