AN ACT

 1-1     relating to the maximum tax rate that may be levied by the Live Oak

 1-2     Underground Water Conservation District to pay maintenance and

 1-3     operating expenses.

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

 1-5           SECTION 1.  Section 9, Chapter 715, Acts of the 71st

 1-6     Legislature, Regular Session, 1989, is amended to read as follows:

 1-7           Sec. 9.  TAXES AND BONDS.  (a)  Except as provided by

 1-8     Subsection (b) of this section, the [The] tax and bond provisions

 1-9     of Subchapters F and G, Chapter 36, Subchapter F, Chapter 49, and

1-10     Subchapters K, L, M, N, and P, Chapter [Chapters] 51 [and 52],

1-11     Water Code, apply to the district.

1-12           (b)  Notwithstanding Section 36.201(b), Water Code, the

1-13     district annually may levy taxes to pay the maintenance and

1-14     operating expenses of the district at a rate not to exceed five

1-15     cents on each $100 of assessed valuation.

1-16           SECTION 2.  The importance of this legislation and the

1-17     crowded condition of the calendars in both houses create an

1-18     emergency and an imperative public necessity that the

1-19     constitutional rule requiring bills to be read on three several

1-20     days in each house be suspended, and this rule is hereby suspended,

1-21     and that this Act take effect and be in force from and after its

1-22     passage, and it is so enacted.

         _______________________________     _______________________________

             President of the Senate              Speaker of the House

               I hereby certify that S.B. No. 15 passed the Senate on

         May 5, 1997, by the following vote:  Yeas 31, Nays 0.

                                             _______________________________

                                                 Secretary of the Senate

               I hereby certify that S.B. No. 15 passed the House on

         May 21, 1997, by a non-record vote.

                                             _______________________________

                                                 Chief Clerk of the House

         Approved:

         _______________________________

                     Date

         _______________________________

                   Governor