Texas 2017 85th Regular

Texas House Bill HB1946 Introduced / Bill

Filed 02/15/2017

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                    85R8750 TSR-D
 By: Parker H.B. No. 1946


 A BILL TO BE ENTITLED
 AN ACT
 relating to the incontestability of certain contracts or leases
 submitted to the attorney general by certain water districts.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 49.184(e), Water Code, is amended to
 read as follows:
 (e)  A contract or lease in which the proceeds of the
 contract or lease are pledged to the payment of a bond may be
 submitted to the attorney general along with the bond records, and,
 if submitted, the approval by the attorney general of the bonds
 shall constitute an approval of the contract or lease and the
 contract or lease shall be incontestable.
 SECTION 2.  This Act takes effect September 1, 2017.