By Ramsay                                             H.B. No. 2870
         77R4174 ATP-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the authority of a commissioners court of a county to
 1-3     develop and administer an economic development program for making
 1-4     loans or grants of public money.
 1-5           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-6           SECTION 1. Section 381.004, Local Government Code, is amended
 1-7     by adding Subsection (f) to read as follows:
 1-8           (f)  The commissioners court may develop and administer a
 1-9     program authorized by Subsection (b) for making loans and grants of
1-10     public money and providing personnel and services of the county.
1-11           SECTION 2.  This Act takes effect immediately if it receives
1-12     a vote of two-thirds of all the members elected to each house, as
1-13     provided by Section 39, Article III, Texas Constitution.  If this
1-14     Act does not receive the vote necessary for immediate effect, this
1-15     Act takes effect September 1, 2001.