Amend CSHB 4 (house committee printing) on page 31 by striking line 26 and substituting the following:

SECTION 19.  The Texas Water Development Board shall publish notice in the Texas Register after the first date on which the aggregate principal amount of the bonds issued by the board under Section 49-d-11, Article III, Texas Constitution, that are outstanding is at least $5.5 billion.

SECTION 20.  (a) Except as provided by Subsection (b) of this section, this Act takes effect on the later of:

(1)  September 1, 2013; or

(2)  the date the notice is published under Section 19 of this Act.

(b)  This section and Section 19 of this Act take effect September 1, 2013.