By Pitts                                              H.B. No. 2780
         76R8658 DWS-F                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the construction of definitions in state credit law.
 1-3           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-4           SECTION 1.  Articles 1B.002(b) and (c), Title 79, Revised
 1-5     Statutes (Article 5069-1B.002, Vernon's Texas Civil Statutes), are
 1-6     amended to read as follows:
 1-7           (b)  [These definitions shall be liberally construed to
 1-8     accomplish the purposes of this subtitle.]
 1-9           [(c)]  The finance commission by rule may adopt other
1-10     definitions to accomplish the purposes of this subtitle.
1-11           SECTION 2.  Sections 301.002(b) and (c), Finance Code, are
1-12     amended to read as follows:
1-13           (b)  [These definitions shall be liberally construed to
1-14     accomplish the purposes of this subtitle.]
1-15           [(c)]  The Finance Commission of Texas by rule may adopt
1-16     other definitions to accomplish the purposes of this subtitle.
1-17           SECTION 3.  (a)  Section 1 of this Act takes effect
1-18     immediately on passage only if the Act of the 76th Legislature,
1-19     Regular Session, 1999, relating to nonsubstantive additions to and
1-20     corrections in enacted codes does not take effect.
1-21           (b)  Section 2 of this Act takes effect September 1, 1999,
1-22     only if the Act of the 76th Legislature, Regular Session, 1999,
1-23     relating to nonsubstantive additions to and corrections in enacted
1-24     codes takes effect.
 2-1           SECTION 4.  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 according to its
 2-7     terms, and it is so enacted.