By Hilbert H.B. No. 2219 76R1854 MXM-D A BILL TO BE ENTITLED 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. Section 1-9 2256.008, Government Code, does not apply to an officer or employee 1-10 of a district created under this chapter. 1-11 SECTION 2. Subchapter C, Chapter 794, Health and Safety 1-12 Code, is amended by adding Section 794.038 to read as follows: 1-13 Sec. 794.038. EXEMPTION FROM INVESTMENT TRAINING. Section 1-14 2256.008, Government Code, does not apply to an officer or employee 1-15 of a district created under this chapter. 1-16 SECTION 3. 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. 1-23 COMMITTEE AMENDMENT NO. 1 1-24 Amend H.B. 2219 as follows: 2-1 On page 1, line 8, after the period and before "Section", 2-2 insert "(a)". 2-3 On page 1, line 10, after the period, add "(b) a district may 2-4 invest funds only in the authorized investments set forth under 2-5 Government Code Sections 2256.009 (obligations of, or guaranteed by 2-6 governmental entities), 2256.010 (certificates of deposit and share 2-7 certificates), 2256.016 (investment pools), unless the treasurer, 2-8 chief financial officer (if not the treasurer) and the investment 2-9 officer of the district attend and successfully complete the 2-10 training requirements under Section 2256.008, Government Code." 2-11 On page 1, line 13, after the period and before "Section", 2-12 insert "(a)". 2-13 On page 1, line 15, after the period, add "(b) a district may 2-14 invest funds only in the authorized investments set forth under 2-15 Government Code Sections 2256.009 (obligations of, or guaranteed by 2-16 governmental entities), 2256.010 (certificates of deposit and share 2-17 certificates), 2256.016 (investment pools), unless the treasurer, 2-18 chief financial officer (if not the treasurer) and the investment 2-19 officer of the district attend and successfully complete the 2-20 training requirements under Section 2256.008, Government Code." 2-21 Swinford