Old | New | Differences | |
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1 | 1 | 86R826 BEE-D | |
2 | 2 | By: Middleton H.B. No. 1774 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the use of money in the ship channel improvement | |
8 | 8 | revolving fund. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 56.003(a), Transportation Code, is | |
11 | 11 | amended to read as follows: | |
12 | 12 | (a) The commission by rule shall establish a revolving loan | |
13 | 13 | program to use money from the fund to finance qualified projects of: | |
14 | 14 | (1) [for] navigation districts; or | |
15 | 15 | (2) municipalities or boards of trustees under Chapter | |
16 | 16 | 54. | |
17 | 17 | SECTION 2. This Act takes effect September 1, 2019. |