By Counts                                             H.B. No. 2447
         Substitute the following for H.B. No. 2447:
         By Counts                                         C.S.H.B. No. 2447
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the authority of the Colorado River Municipal Water
 1-3     District to generate, purchase, and sell water power and electric
 1-4     energy and to acquire and dispose of facilities for those purposes.
 1-5           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-6           SECTION 1.  Chapter 340, Acts of the 51st Legislature,
 1-7     Regular Session, 1949, is amended by adding Section 7B to read as
 1-8     follows:
 1-9           Sec. 7B.  (a)  The District may:
1-10                 (1)  develop, generate, transmit, or distribute water
1-11     power and electric energy inside the District's boundaries for its
1-12     own use;
1-13                 (2)  purchase electric energy from any available source
1-14     for use at a facility the District owns, operates, and maintains
1-15     inside the District's boundaries;
1-16                 (3)  enter into an agreement to acquire, install,
1-17     construct, finance, operate, make an addition to, own, or operate
1-18     an electric energy generating, transmission, or distribution
1-19     facility jointly with another person; or
1-20                 (4)  sell or otherwise dispose of any of the District's
1-21     interest in a jointly owned facility described by Subdivision (4)
1-22     of this section.
1-23           (b)  This section does not affect the applicability of Title
1-24     2, Utilities Code, to the District or to actions of the District.
 2-1           SECTION 2.  This Act takes effect January 1, 2002.
 2-2           SECTION 3.  The importance of this legislation and the
 2-3     crowded condition of the calendars in both houses create an
 2-4     emergency and an imperative public necessity that the
 2-5     constitutional rule requiring bills to be read on three several
 2-6     days in each house be suspended, and this rule is hereby suspended.