1-1 AN ACT 1-2 relating to an exemption from investment training for officers and 1-3 employees of emergency services and rural fire prevention 1-4 districts. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Subchapter C, Chapter 775, Health and Safety 1-7 Code, is amended by adding Section 775.041 to read as follows: 1-8 Sec. 775.041. EXEMPTION FROM INVESTMENT TRAINING. (a) 1-9 Section 2256.008, Government Code, does not apply to an officer or 1-10 employee of a district created under this chapter. 1-11 (b) A district may invest funds only in the authorized 1-12 investments set forth under Government Code Section 2256.009 1-13 (obligations of, or guaranteed by governmental entities), 2256.010 1-14 (certificates of deposit and share certificates), or 2256.016 1-15 (investment pools), unless the treasurer, chief financial officer 1-16 (if not the treasurer), and the investment officer of the district 1-17 attend and successfully complete the training requirements under 1-18 Section 2256.008, Government Code. 1-19 SECTION 2. Subchapter C, Chapter 794, Health and Safety 1-20 Code, is amended by adding Section 794.038 to read as follows: 1-21 Sec. 794.038. EXEMPTION FROM INVESTMENT TRAINING. (a) 1-22 Section 2256.008, Government Code, does not apply to an officer or 1-23 employee of a district created under this chapter. 1-24 (b) A district may invest funds only in the authorized 2-1 investments set forth under Government Code Section 2256.009 2-2 (obligations of, or guaranteed by governmental entities), 2256.010 2-3 (certificates of deposit and share certificates), or 2256.016 2-4 (investment pools), unless the treasurer, chief financial officer 2-5 (if not the treasurer), and the investment officer of the district 2-6 attend and successfully complete the training requirements under 2-7 Section 2256.008, Government Code. 2-8 SECTION 3. The importance of this legislation and the 2-9 crowded condition of the calendars in both houses create an 2-10 emergency and an imperative public necessity that the 2-11 constitutional rule requiring bills to be read on three several 2-12 days in each house be suspended, and this rule is hereby suspended, 2-13 and that this Act take effect and be in force from and after its 2-14 passage, and it is so enacted. _______________________________ _______________________________ President of the Senate Speaker of the House I certify that H.B. No. 2219 was passed by the House on April 23, 1999, by the following vote: Yeas 141, Nays 0, 2 present, not voting. _______________________________ Chief Clerk of the House I certify that H.B. No. 2219 was passed by the Senate on May 26, 1999, by the following vote: Yeas 30, Nays 0. _______________________________ Secretary of the Senate APPROVED: _____________________ Date _____________________ Governor