1-1     By:  Woolley, et al. (Senate Sponsor - Bivins)         H.B. No. 138

 1-2           (In the Senate - Received from the House April 1, 1997;

 1-3     April 2, 1997, read first time and referred to Committee on

 1-4     Finance; May 5, 1997, reported favorably by the following vote:

 1-5     Yeas 12, Nays 0; May 5, 1997, sent to printer.)

 1-6                            A BILL TO BE ENTITLED

 1-7                                   AN ACT

 1-8     relating to authorization of the creation of Texas growth fund II.

 1-9           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

1-10           SECTION 1.  The creation of Texas growth fund II is

1-11     authorized, as provided by Section 70(m), Article XVI, Texas

1-12     Constitution.

1-13           SECTION 2.  The importance of this legislation and the

1-14     crowded condition of the calendars in both houses create an

1-15     emergency and an imperative public necessity that the

1-16     constitutional rule requiring bills to be read on three several

1-17     days in each house be suspended, and this rule is hereby suspended,

1-18     and that this Act take effect and be in force from and after its

1-19     passage, and it is so enacted.

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