By Gallegos S.B. No. 397
75R2260 CAG-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the qualifications for an investment officer of a
1-3 regional planning commission, council of government, or similar
1-4 regional planning agency.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 2256.005(h), Government Code, is amended
1-7 to read as follows:
1-8 (h) An officer or employee of a commission created under
1-9 Chapter 391, Local Government Code, is ineligible to be [designated
1-10 as] an investment officer for the commission under Subsection (f)
1-11 if the officer or employee is an investment officer designated
1-12 under Subsection (f) for another local government.
1-13 SECTION 2. This Act takes effect September 1, 1997.
1-14 SECTION 3. The importance of this legislation and the
1-15 crowded condition of the calendars in both houses create an
1-16 emergency and an imperative public necessity that the
1-17 constitutional rule requiring bills to be read on three several
1-18 days in each house be suspended, and this rule is hereby suspended.