1-1 AN ACT
1-2 relating to conditions for issuance of certain revenue bonds by the
1-3 Veterans' Land Board.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 164.007(f), Natural Resources Code, is
1-6 amended to read as follows:
1-7 (f) Bonds issued under this chapter for a purpose other than
1-8 buying back or refunding general obligation bonds issued under
1-9 Article III, Section 49-b, 49-b-1, or 49-b-2, of the Texas
1-10 Constitution may not in the aggregate exceed $1 billion [$250
1-11 million].
1-12 SECTION 2. This Act takes effect immediately if it receives
1-13 a vote of two-thirds of all the members elected to each house, as
1-14 provided by Section 39, Article III, Texas Constitution. If this
1-15 Act does not receive the vote necessary for immediate effect, this
1-16 Act takes effect September 1, 2001.
_______________________________ _______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 2453 was passed by the House on May
10, 2001, by a non-record vote; and that the House concurred in
Senate amendments to H.B. No. 2453 on May 25, 2001, by the
following vote: Yeas 141, Nays 0, 2 present, not voting.
_______________________________
Chief Clerk of the House
I certify that H.B. No. 2453 was passed by the Senate, with
amendments, on May 17, 2001, by the following vote: Yeas 30, Nays
0, 1 present, not voting.
_______________________________
Secretary of the Senate
APPROVED: __________________________
Date
__________________________
Governor