By Burnam H.B. No. 2380 76R5219 JD-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the authority of the assessor-collector of certain 1-3 counties to deposit tax revenues with the Texas Treasury 1-4 Safekeeping Trust Company. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Chapter 31, Tax Code, is amended by adding 1-7 Section 31.105 to read as follows: 1-8 Sec. 31.105. DEPOSIT OF TAXES COLLECTED IN CERTAIN COUNTIES 1-9 WITH TEXAS TREASURY SAFEKEEPING TRUST COMPANY. (a) This section 1-10 applies only to a county with a population of one million or more. 1-11 (b) With the consent of the commissioners court of the 1-12 county, and notwithstanding Sections 113.021(a) and (b) and 1-13 116.113(b), Local Government Code, Section 31.10(c) of this code, 1-14 or any other law to the contrary, the county assessor-collector may 1-15 deposit on behalf of the county all or a designated part of the 1-16 taxes collected for the county with the Texas Treasury Safekeeping 1-17 Trust Company under Subchapter G, Chapter 404, Government Code. 1-18 County tax revenues deposited with the Texas Treasury Safekeeping 1-19 Trust Company under this section are county funds subject to the 1-20 control of the commissioners court. 1-21 (c) Section 113.006, Local Government Code, applies to the 1-22 deposit of tax revenue under this section in the same manner as 1-23 that section applies to the deposit of tax revenue in the county 1-24 depository. 2-1 SECTION 2. The importance of this legislation and the 2-2 crowded condition of the calendars in both houses create an 2-3 emergency and an imperative public necessity that the 2-4 constitutional rule requiring bills to be read on three several 2-5 days in each house be suspended, and this rule is hereby suspended, 2-6 and that this Act take effect and be in force from and after its 2-7 passage, and it is so enacted.