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AN ACT
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relating to the composition of the Finance Commission of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subsections (a) and (b), Section 11.101, Finance |
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Code, are amended to read as follows: |
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(a) The Finance Commission of Texas is composed of 11 [nine] |
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members appointed by the governor with the advice and consent of the |
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senate. |
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(b) Members of the finance commission serve staggered |
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six-year terms, with as near as possible to [of six years with the
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terms of] one-third of the members' terms [members] expiring |
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February 1 of each even-numbered year. |
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SECTION 2. Subsections (b) and (c), Section 11.102, Finance |
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Code, are amended to read as follows: |
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(b) Two members [One member] of the finance commission must |
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be [a] banking executives [executive], one member of the finance |
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commission must be a savings executive, one member of the finance |
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commission must be a consumer credit executive, and one member of |
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the finance commission must be a mortgage broker. |
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(c) Six [Five] members of the finance commission must be |
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representatives of the general public. At least one of those |
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members must be a certified public accountant. |
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SECTION 3. As soon as practicable after the effective date |
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of this Act, the governor shall appoint two additional members to |
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the Finance Commission of Texas. In appointing those members, the |
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governor shall appoint one person to a term expiring February 1, |
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2014, and one person to a term expiring February 1, 2016. |
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SECTION 4. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2011. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I hereby certify that S.B. No. 249 passed the Senate on |
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April 7, 2011, by the following vote: Yeas 31, Nays 0; |
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May 25, 2011, Senate refused to concur in House amendments and |
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requested appointment of Conference Committee; May 26, 2011, House |
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granted request of the Senate; May 28, 2011, Senate adopted |
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Conference Committee Report by the following vote: Yeas 31, |
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Nays 0. |
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______________________________ |
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Secretary of the Senate |
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I hereby certify that S.B. No. 249 passed the House, with |
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amendments, on May 23, 2011, by the following vote: Yeas 140, |
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Nays 1, two present not voting; May 26, 2011, House granted request |
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of the Senate for appointment of Conference Committee; |
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May 27, 2011, House adopted Conference Committee Report by the |
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following vote: Yeas 139, Nays 0, two present not voting. |
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______________________________ |
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Chief Clerk of the House |
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Approved: |
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______________________________ |
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Date |
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______________________________ |
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Governor |