By Carter H.B. No. 2398
Line and page numbers may not match official copy.
Bill not drafted by TLC or Senate E&E.
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the housing trust fund,
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Section 2306.201(b), Government Code, is amended
1-5 to read as follows:
1-6 (b) The fund consists of:
1-7 (1) appropriations or transfers made to the fund;
1-8 (2) unencumbered fund balances;
1-9 (3) public or private gifts or grants;
1-10 (4) investment income, including all interest,
1-11 dividends, capital gains, or other income from investments of any
1-12 portion of the fund; [and]
1-13 (5) repayments received on loans made by the fund; and
1-14 (6) funds from any other source.
1-15 SECTION 2: The importance of this legislation and the
1-16 crowded condition of the calendars in both houses create an
1-17 emergency and an imperative public necessity that the
1-18 constitutional rule requiring bills to be read on three several
1-19 days in each house be suspended, and this rule is hereby suspended,
1-20 and that this Act take effect and be in force from and after its
1-21 passage, and it is so enacted.