H.B. No. 4663
 
 
 
 
AN ACT
  relating to the powers of the Hidalgo County Drainage District
  Number 1; authorizing the issuance of bonds.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  In this Act, "district" means the Hidalgo County
  Drainage District Number 1.
         SECTION 2.  (a) District revenue bonds may be secured as
  described by a board resolution by a pledge of:
               (1)  all or part of the district's gross revenue, other
  than taxation, minus the amount necessary to pay the cost of
  maintaining and operating the district and its property;
               (2)  the net revenue of a contract made at any time; or
               (3)  other revenue specified by board resolution.
         (b)  The pledge may reserve the right to issue additional
  bonds on a parity with or subordinate to the bonds being issued,
  subject to conditions specified by the pledge.
         (c)  District revenue bonds not payable wholly or partly from
  ad valorem taxes may be issued without an election.
         SECTION 3.  (a) The district may sell reclaimed water at
  wholesale and sell reclaimed water on a retail basis to the extent
  that the sale does not conflict with a certificate of convenience
  and necessity.
         (b)  The district may enter into public-private partnership
  agreements to fund infrastructure improvements needed to sell
  reclaimed water to consumers.
         SECTION 4.  (a) The legal notice of the intention to
  introduce this Act, setting forth the general substance of this
  Act, has been published as provided by law, and the notice and a
  copy of this Act have been furnished to all persons, agencies,
  officials, or entities to which they are required to be furnished
  under Section 59, Article XVI, Texas Constitution, and Chapter 313,
  Government Code.
         (b)  The governor, one of the required recipients, has
  submitted the notice and Act to the Texas Commission on
  Environmental Quality.
         (c)  The Texas Commission on Environmental Quality has filed
  its recommendations relating to this Act with the governor, the
  lieutenant governor, and the speaker of the house of
  representatives within the required time.
         (d)  All requirements of the constitution and laws of this
  state and the rules and procedures of the legislature with respect
  to the notice, introduction, and passage of this Act are fulfilled
  and accomplished.
         SECTION 5.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution. If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2021.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 4663 was passed by the House on May
  14, 2021, by the following vote:  Yeas 104, Nays 41, 2 present, not
  voting; and that the House concurred in Senate amendments to H.B.
  No. 4663 on May 28, 2021, by the following vote:  Yeas 98, Nays 44,
  2 present, not voting.
 
  ______________________________
  Chief Clerk of the House   
 
         I certify that H.B. No. 4663 was passed by the Senate, with
  amendments, on May 24, 2021, by the following vote:  Yeas 30, Nays
  0.
 
  ______________________________
  Secretary of the Senate   
  APPROVED: __________________
                  Date       
   
           __________________
                Governor