| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | By: Taylor S.B. No. 1040 | |
| 2 | - | (Middleton) | |
| 3 | 2 | ||
| 4 | 3 | ||
| 5 | 4 | A BILL TO BE ENTITLED | |
| 6 | 5 | AN ACT | |
| 7 | 6 | relating to the use of money in the ship channel improvement | |
| 8 | 7 | revolving fund. | |
| 9 | 8 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 9 | SECTION 1. Section 56.003(a), Transportation Code, is | |
| 11 | 10 | amended to read as follows: | |
| 12 | 11 | (a) The commission by rule shall establish a revolving loan | |
| 13 | 12 | program to use money from the fund to finance qualified projects of: | |
| 14 | 13 | (1) [for] navigation districts; or | |
| 15 | 14 | (2) municipalities or boards of trustees under Chapter | |
| 16 | 15 | 54. | |
| 17 | 16 | SECTION 2. This Act takes effect September 1, 2019. |