1-1 AN ACT 1-2 relating to the eligibility of lending institutions to participate 1-3 in the linked deposit program established in the Department of 1-4 Agriculture. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Section 44.007, Agriculture Code, is amended by 1-7 adding Subsection (k) to read as follows: 1-8 (k) A lending institution is not ineligible to participate 1-9 in the linked deposit program solely because a member of the board 1-10 is also an officer, director, or employee of the lending 1-11 institution. 1-12 SECTION 2. The importance of this legislation and the 1-13 crowded condition of the calendars in both houses create an 1-14 emergency and an imperative public necessity that the 1-15 constitutional rule requiring bills to be read on three several 1-16 days in each house be suspended, and this rule is hereby suspended, 1-17 and that this Act take effect and be in force from and after its 1-18 passage, and it is so enacted. _______________________________ _______________________________ President of the Senate Speaker of the House I certify that H.B. No. 3065 was passed by the House on April 18, 1997, by the following vote: Yeas 142, Nays 0, 2 present, not voting. _______________________________ Chief Clerk of the House I certify that H.B. No. 3065 was passed by the Senate on May 26, 1997, by the following vote: Yeas 31, Nays 0. _______________________________ Secretary of the Senate APPROVED: _____________________ Date _____________________ Governor