AN ACT
1-1 relating to the qualifications for an investment officer of a
1-2 regional planning commission, council of government, or similar
1-3 regional planning agency.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Subsection (h), Section 2256.005, Government
1-6 Code, is amended to read as follows:
1-7 (h) An officer or employee of a commission created under
1-8 Chapter 391, Local Government Code, is ineligible to be [designated
1-9 as] an investment officer for the commission under Subsection (f)
1-10 if the officer or employee is an investment officer designated
1-11 under Subsection (f) for another local government.
1-12 SECTION 2. This Act takes effect September 1, 1997.
1-13 SECTION 3. 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.
_______________________________ _______________________________
President of the Senate Speaker of the House
I hereby certify that S.B. No. 397 passed the Senate on
April 30, 1997, by a viva-voce vote.
_______________________________
Secretary of the Senate
I hereby certify that S.B. No. 397 passed the House on
May 21, 1997, by a non-record vote.
_______________________________
Chief Clerk of the House
Approved:
_______________________________
Date
_______________________________
Governor