Representative Laubenberg offered the following amendment to HBi2928:

Amend HB 2928 on third reading, in SECTION 3 of the second reading engrossment, by adding the following to the end of proposed Section 4B (a) (3), Development Corporation Act of 1979 (Article 5190.6, Vernon's Texas Civil Statutes):

A corporation may not undertake a project authorized by this subdivision that requires an expenditure of more than $10,000 until the governing body of the eligible city creating the corporation adopts a resolution authorizing the project after giving the resolution at least two separate readings.