By Counts H.B. No. 2614 76R8985 DWS-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to creation of a county alliance to jointly authorize the 1-3 creation of a development corporation. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. The Development Corporation Act of 1979 (Article 1-6 5190.6, Vernon's Texas Civil Statutes) is amended by adding Section 1-7 4D to read as follows: 1-8 Sec. 4D. COUNTY ALLIANCE. (a) Two or more counties that 1-9 are adjacent or have a commonality of interest, as determined by 1-10 the governing bodies of the counties involved, may create a county 1-11 alliance to authorize the creation of a corporation. The county 1-12 alliance is a single unit for the purposes of this Act. The other 1-13 provisions of this Act apply to the county alliance and a 1-14 corporation authorized by the county alliance, except to the extent 1-15 inconsistent with this section. 1-16 (b) A county may become a member of a county alliance that 1-17 has authorized the creation of a corporation. A county may leave a 1-18 county alliance if all of the county's obligations and entitlements 1-19 in relation to the county alliance have been properly settled. 1-20 (c) The board of directors of a corporation authorized by a 1-21 county alliance consists of three members from each county 1-22 appointed by the governing body of each county in the alliance. A 1-23 member of the board of directors may not serve more than six years 1-24 and may be removed at the will of the appointing county. The 2-1 member serves without compensation but is entitled to reimbursement 2-2 for expenses incurred in the performance of the member's duties. 2-3 (d) On dissolution of a corporation authorized by a county 2-4 alliance, any remaining assets of the corporation shall be 2-5 distributed among the counties in the county alliance on a per 2-6 capita basis. 2-7 SECTION 2. The importance of this legislation and the 2-8 crowded condition of the calendars in both houses create an 2-9 emergency and an imperative public necessity that the 2-10 constitutional rule requiring bills to be read on three several 2-11 days in each house be suspended, and this rule is hereby suspended, 2-12 and that this Act take effect and be in force from and after its 2-13 passage, and it is so enacted.