84R704 SGA-F
By: Flynn H.B. No. 96
A BILL TO BE ENTITLED
AN ACT
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.