Bill not drafted by TLC or Senate E&E. Line and page numbers may not match official copy. By Burnam H.B. No. 2960 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to state investments in or contracts with companies doing 1-3 business with Burma (Myanmar). 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. The State of Texas, agencies or authorities 1-6 thereof or any other entity that invests or dispenses state funds 1-7 may not do business with a business that: (a) has a principal 1-8 place of business, place of incorporation or its corporate 1-9 headquarters in Burma (Myanmar) or has any operations, leases, 1-10 franchises, majority-owned subsidiaries, distribution agreements, 1-11 or any other similar agreements in Burma (Myanmar), or that is the 1-12 majority-owned subsidiary, licensee or franchise of such a person; 1-13 (b) provides financial services to the government of Burma 1-14 (Myanmar), including providing direct loans, underwriting 1-15 government securities, providing any consulting advice or 1-16 assistance, providing brokerage services, acting as a trustee or 1-17 escrow agent, or otherwise acting as an agent pursuant to a 1-18 contractual agreement; 1-19 (c) promotes the importation or sale of gems, timber, oil, 1-20 gas or other related products, commerce in which is largely 1-21 controlled by the government of Burma (Myanmar), from Burma 1-22 (Myanmar); 1-23 (d) provides any goods or services to the government of 1-24 Burma (Myanmar). 2-1 SECTION 2. This Act takes effect September 1, 1997. 2-2 SECTION 3. The importance of this legislation and the 2-3 crowded condition of the calendars in both houses create an 2-4 emergency and an imperative public necessity that the 2-5 constitutional rule requiring bills to be read on three several 2-6 days in each house be suspended, and this rule is hereby suspended.