By Solis                                              H.B. No. 3173
         77R9203 QS-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the name and boundaries of the Port Isabel-San Benito
 1-3     Navigation District.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  NAME CHANGE. (a)  The name of the Port Isabel-San
 1-6     Benito Navigation District is changed to the Port Isabel Navigation
 1-7     District.  A reference in another law to the Port Isabel-San Benito
 1-8     Navigation District means the Port Isabel Navigation District.
 1-9           (b)  The name change made by this Act does not affect the
1-10     obligations or powers of the entity formerly known as the Port
1-11     Isabel-San Benito Navigation District.
1-12           SECTION 2.  EXCLUSION OF TERRITORY. The boundaries of the
1-13     district are adjusted to exclude:
1-14                 (1)  the territory in the boundaries of the City of San
1-15     Benito as those boundaries existed on the effective date of this
1-16     Act; and
1-17                 (2)  the territory described as district lands west of
1-18     State  Farm-to-Market Road 1847, as those boundaries existed on the
1-19     effective date of this Act.
1-20           SECTION 3.  RIGHTS OF BONDHOLDERS. The exclusion of property
1-21     under this Act does not diminish or impair the rights of the
1-22     holders of any outstanding and unpaid bonds, warrants, or other
1-23     certificates of indebtedness of the district.
1-24           SECTION 4.  APPORTIONMENT OF DISTRICT INDEBTEDNESS. (a)  The
 2-1     excluded property is not released from the payment of its pro rata
 2-2     share of the district's indebtedness.
 2-3           (b)  The district shall continue to levy taxes each year on
 2-4     the property excluded from the district at the same rate levied on
 2-5     other property of the district until the taxes collected from the
 2-6     excluded property equal the property's pro rata share of the
 2-7     indebtedness of the district on the effective date of this Act.
 2-8     The taxes collected shall be applied exclusively to the payment of
 2-9     the excluded property's pro rata share of the indebtedness.
2-10           (c)  The owner of any part of the excluded property at any
2-11     time may pay in full the owner's share of the pro rata share of the
2-12     indebtedness of the district.
2-13           SECTION 5.  EFFECTIVE DATE. This Act takes effect immediately
2-14     if it receives a vote of two-thirds of all the members elected to
2-15     each house, as provided by Section 39, Article III, Texas
2-16     Constitution.  If this Act does not receive the vote necessary for
2-17     immediate effect, this Act takes effect September 1, 2001.