H.B. No. 2350
AN ACT
relating to the amount that may be used to guarantee loans under the
Texas Agricultural Finance Authority's agricultural loan guarantee
program.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 58.052(c), Agriculture Code, is amended
to read as follows:
(c) The amount that may be used to guarantee loans under
this subchapter may not exceed three times [three-fourths of] the
amount contained in the Texas agricultural fund.
SECTION 2. This Act takes effect September 1, 2015.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 2350 was passed by the House on April
16, 2015, by the following vote: Yeas 113, Nays 32, 2 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 2350 was passed by the Senate on May
27, 2015, by the following vote: Yeas 25, Nays 6.
______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor