Bill Text: TX HB96 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to the authority of the Cash Special Utility District to issue bonds.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Engrossed - Dead) 2015-05-25 - No action taken in committee [HB96 Detail]
Download: Texas-2015-HB96-Introduced.html
| 84R704 SGA-F | ||
| By: Flynn | H.B. No. 96 | |
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| relating to the authority of the Cash Special Utility District to | ||
| issue bonds. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subtitle C, Title 6, Special District Local Laws | ||
| Code, is amended by adding Chapter 7217 to read as follows: | ||
| CHAPTER 7217. CASH SPECIAL UTILITY DISTRICT | ||
| SUBCHAPTER A. GENERAL PROVISIONS | ||
| Sec. 7217.001. DEFINITION. In this chapter, "district" | ||
| means the Cash Special Utility District. | ||
| SUBCHAPTER B. BONDS | ||
| Sec. 7217.051. AUTHORITY TO ISSUE BONDS. (a) The district | ||
| has the rights, powers, duties, and obligations of an issuer under | ||
| Chapter 1371, Government Code. | ||
| (b) Sections 49.181 and 49.182, Water Code, do not apply to | ||
| the district. | ||
| SECTION 2. (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 3. This Act takes effect September 1, 2015. | ||
