By Cook H.B. No. 2465 76R7260 DWS-F A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the powers of a limited liability company. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Article 2.02, Texas Limited Liability Company Act 1-5 (Article 1528n, Vernon's Texas Civil Statutes), is amended by 1-6 adding Section D to read as follows: 1-7 D. A limited liability company engaged as a common carrier 1-8 in the pipeline business for transporting oil, oil products, gas, 1-9 carbon dioxide, salt brine, fuller's earth, sand, clay, liquefied 1-10 minerals, or other mineral solutions has all of the rights and 1-11 powers conferred by Sections 111.019-111.022, Natural Resources 1-12 Code. 1-13 SECTION 2. This Act takes effect September 1, 1999. 1-14 SECTION 3. The importance of this legislation and the 1-15 crowded condition of the calendars in both houses create an 1-16 emergency and an imperative public necessity that the 1-17 constitutional rule requiring bills to be read on three several 1-18 days in each house be suspended, and this rule is hereby suspended.