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AN ACT
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relating to the authority of the Texas Water Development Board to |
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consider certain financial matters in a closed meeting. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter C, Chapter 6, Water Code, is amended |
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by adding Section 6.0601 to read as follows: |
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Sec. 6.0601. CONSULTATION REGARDING CERTAIN FINANCIAL |
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MATTERS; CLOSED MEETING. (a) The board may hold a closed meeting |
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to consider and discuss financial matters related to the investment |
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or potential investment of the board's funds. |
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(b) A final action, decision, or vote on a matter considered |
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or discussed in a closed meeting held under this section must be |
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made in an open meeting conducted in compliance with the notice |
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provisions of Chapter 551, Government Code. |
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SECTION 2. This Act takes effect September 1, 2019. |
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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. 1386 passed the Senate on |
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April 26, 2019, by the following vote: Yeas 30, 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. 1386 passed the House on |
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May 22, 2019, by the following vote: Yeas 140, Nays 4, |
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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 |