Bill Text: TX SB865 | 2017-2018 | 85th Legislature | Engrossed

Texas Senate Bill 865 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Relating to a groundwater conservation district's use of electronic fund transfers.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2017-06-09 - Effective immediately [SB865 Detail]

Download: Texas-2017-SB865-Engrossed.html



	By: Perry	S.B. No. 865


	A BILL TO BE ENTITLED
	AN ACT
	relating to a groundwater conservation district's use of electronic
	fund transfers.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Sections 36.151(b) and (c), Water Code, are
	amended to read as follows:
	(b) Disbursements, other than federal reserve wire
	transfers or electronic fund transfers, shall be signed by at least
	two directors, except the board may by resolution allow certain
	employees of the district, or a combination of employees and
	directors, to sign disbursements on behalf of the board. The board
	may authorize payroll disbursements by electronic direct deposit.
	(c) The board may by resolution allow disbursements to be
	transferred by federal reserve wire system, or by electronic means,
	to accounts in the name of the district or accounts not in the name
	of the district.
	SECTION 2. 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, 2017.