S.B. No. 1301
AN ACT
relating to the governance and administration of the Texas Water
Resources Finance Authority.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 20.012(a), Water Code, is amended to
read as follows:
(a) The authority is governed by a board of directors
composed of the [six] directors of the development board.
SECTION 2. Section 20.015(b), Water Code, is amended to
read as follows:
(b) The board may hold special meetings at the call of the
chairman or on request of a majority of the [three or more]
directors.
SECTION 3. 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, 2015.
______________________________ ______________________________
President of the Senate Speaker of the House
I hereby certify that S.B. No. 1301 passed the Senate on
April 9, 2015, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
I hereby certify that S.B. No. 1301 passed the House on
May 23, 2015, by the following vote: Yeas 139, Nays 0, one
present not voting.
______________________________
Chief Clerk of the House
Approved:
______________________________
Date
______________________________
Governor