SRC-TJG, VRA H.B. 2313 78(R)   BILL ANALYSIS


Senate Research Center   H.B. 2313
78R10685 MXM-FBy: Krusee (Wentworth)
Intergovernmental Relations
5/19/2003
Engrossed


DIGEST AND PURPOSE 

Chapter 1371, Government Code, was enacted in 1999 as a codification of
former Article 717q, Vernon's Texas Civil Statutes, as amended.  Under the
current provisions of Chapter 1371, the only counties permitted to issue
obligations are counties with populations of 3.3 million or more or
counties operating under Chapter 334, Local Government Code, relating to
venue projects. Harris County uses that law as the statutory authority for
its issuance of voter-approved debt in the form of commercial paper notes.
H.B. 2313 redefines "eligible projects" and "issuers" relating to the
issuance of obligations for public improvements.  

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to
a state officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Sections 1371.001(2) and (4), Government Code, to
redefine "eligible project" and "issuer." 

SECTION 2.  Effective date:  upon passage or September 1, 2003.