By Truan S.B. No. 300 76R4306 SMH-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the use by political subdivisions that receive state 1-3 financial assistance for water supply and sewer projects in 1-4 economically distressed areas of the revenue received from those 1-5 projects. 1-6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-7 SECTION 1. Subchapter J, Chapter 16, Water Code, is amended 1-8 by adding Section 16.352 to read as follows: 1-9 Sec. 16.352. USE OF REVENUE FROM WATER SUPPLY OR SEWER 1-10 PROJECTS. (a) A political subdivision that receives financial 1-11 assistance under Subchapter K, Chapter 17, that is required to be 1-12 repaid may use the revenue received from a water supply or sewer 1-13 project constructed with the financial assistance only for utility 1-14 purposes until the financial assistance is repaid. 1-15 (b) At the request of the board or on the attorney general's 1-16 own initiative, the attorney general may file suit to enjoin an 1-17 actual or threatened violation of this section. 1-18 SECTION 2. The importance of this legislation and the 1-19 crowded condition of the calendars in both houses create an 1-20 emergency and an imperative public necessity that the 1-21 constitutional rule requiring bills to be read on three several 1-22 days in each house be suspended, and this rule is hereby suspended, 1-23 and that this Act take effect and be in force from and after its 1-24 passage, and it is so enacted.