1-1                                   AN ACT
 1-2     relating to authorizing a county to pay the costs of an
 1-3     owner-controlled insurance program with the proceeds of certain
 1-4     securities issued by the county.
 1-5           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-6           SECTION 1. Subtitle D, Title 9, Government Code, is amended
 1-7     by adding Chapter 1303 to read as follows:
 1-8              CHAPTER 1303.  OTHER USE OF COUNTY BOND PROCEEDS
 1-9           Sec. 1303.001.  USE OF BOND PROCEEDS FOR OWNER-CONTROLLED
1-10     INSURANCE PROGRAM. A county may use the proceeds of bonds or
1-11     certificates of obligation issued to pay for a county construction
1-12     project to pay for an owner-controlled insurance program under
1-13     which the county establishes and administers a consolidated
1-14     insurance program for the project if the county's order authorizing
1-15     the issuance of the bonds or other certificates of obligation
1-16     authorizes the establishment of the program.
1-17           SECTION 2. This Act takes effect September 1, 2001.
         _______________________________     _______________________________
             President of the Senate              Speaker of the House
               I certify that H.B. No. 3055 was passed by the House on April
         20, 2001, by a non-record vote.
                                             _______________________________
                                                 Chief Clerk of the House
               I certify that H.B. No. 3055 was passed by the Senate on May
         17, 2001, by a viva-voce vote.
                                             _______________________________
                                                 Secretary of the Senate
         APPROVED:  __________________________
                              Date
                    __________________________
                            Governor