75R10390 SKB-D                           

         By Horn                                               H.B. No. 3317

         Substitute the following for H.B. No. 3317:

         By Horn                                           C.S.H.B. No. 3317

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to the board of directors of certain county development

 1-3     districts.

 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

 1-5           SECTION 1.  Section 312.618, Tax Code, is amended by adding

 1-6     Subsections (c) and (d) to read as follows:

 1-7           (c)  Each director on appointment shall submit a financial

 1-8     statement that meets the requirements of Section 572.023,

 1-9     Government Code, to the county clerk.  Each director shall submit

1-10     the financial statement annually for the duration of the director's

1-11     term and for five years after leaving the board.

1-12           (d)  Each director on appointment shall submit a signed

1-13     affidavit stating that the director does not have and will not have

1-14     for five years after leaving the board a vested financial interest

1-15     in the creation or expansion of the district.

1-16           SECTION 2.  Section 312.620, Tax Code, is amended to read as

1-17     follows:

1-18           Sec. 312.620.  PERSONS DISQUALIFIED TO SERVE.  Section 49.052

1-19     [50.026], Water Code, relating to disqualification of directors,

1-20     shall apply to directors of districts created under this

1-21     subchapter.

1-22           SECTION 3.  This Act takes effect September 1, 1997.

1-23           SECTION 4.  The importance of this legislation and the

1-24     crowded condition of the calendars in both houses create an

 2-1     emergency and an imperative public necessity that the

 2-2     constitutional rule requiring bills to be read on three several

 2-3     days in each house be suspended, and this rule is hereby suspended.