By Jackson                                            S.B. No. 1680
         77R9041 SGA-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to audits of the promotion and development fund of a
 1-3     navigation district.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1. Section 60.204(c), Water Code, is amended to read
 1-6     as follows:
 1-7           (c)  The county auditor shall exercise his usual supervision
 1-8     and control to assure that the commission sets aside no more than
 1-9     five percent of its gross income from operations in each calendar
1-10     year in the promotion and development fund.  The county auditor may
1-11     [shall not] audit disbursements from the fund and [but] shall be
1-12     entitled to a monthly statement showing the:
1-13                 (1)  date of each disbursement from the fund;
1-14                 (2)  amount disbursed;
1-15                 (3)  person or concern to whom disbursed; and
1-16                 (4)  general purpose of each disbursement.
1-17           SECTION 2.  This Act takes effect immediately if it receives
1-18     a vote of two-thirds of all the members elected to each house, as
1-19     provided by Section 39, Article III, Texas Constitution.  If this
1-20     Act does not receive the vote necessary for immediate effect, this
1-21     Act takes effect September 1, 2001.