1 | 1 | | 88R6320 MP-D |
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2 | 2 | | By: Campbell S.B. No. 2374 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the addition of two new elected members to the board of |
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8 | 8 | | directors of the Lower Colorado River Authority. |
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9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Section 8503.006, Special District Local Laws |
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11 | 11 | | Code, is amended by amending Subsections (a), (b), (c), (d), (e), |
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12 | 12 | | (f), and (k) and adding Subsection (c-1) to read as follows: |
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13 | 13 | | (a) The powers, rights, privileges, and functions of the |
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14 | 14 | | authority shall be exercised by the board. The board shall consist |
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15 | 15 | | of 17 [15] directors and shall include at least one director from |
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16 | 16 | | each of the counties named in Section 8503.003 except Travis |
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17 | 17 | | County, which shall have two directors. Three directors shall be |
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18 | 18 | | appointed at large from the counties served with electric power, |
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19 | 19 | | other than the counties included in Section 8503.003. Two |
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20 | 20 | | directors shall be elected at large from the entire district, |
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21 | 21 | | including the counties that receive water or electricity from the |
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22 | 22 | | district. |
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23 | 23 | | (b) This subsection applies only to appointed directors. A |
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24 | 24 | | director appointed at large may not serve for a period of more than |
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25 | 25 | | six consecutive years. A county other than a county included in |
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26 | 26 | | Section 8503.003 may not be represented on the board for more than |
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27 | 27 | | six consecutive years. A county other than Travis County may not |
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28 | 28 | | have two directors for a period greater than six consecutive years. |
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29 | 29 | | (c) All directors [shall be] appointed by the governor with |
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30 | 30 | | the advice and consent of the senate serve [for] staggered terms of |
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31 | 31 | | six years, with five members' terms expiring on February 1 of each |
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32 | 32 | | odd-numbered year. |
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33 | 33 | | (c-1) An elected director serves a six-year term. The |
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34 | 34 | | authority shall hold an election to elect two directors on the |
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35 | 35 | | uniform election date in November of an even-numbered year, with |
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36 | 36 | | the term of the elected directors to begin the following February 1. |
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37 | 37 | | (d) Each appointed director must be a resident and freehold |
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38 | 38 | | property taxpayer of the county from which the director is |
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39 | 39 | | appointed and must have been a resident and taxpayer of that county |
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40 | 40 | | for not less than the two years preceding the director's |
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41 | 41 | | appointment. Not more than two appointed directors may be |
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42 | 42 | | residents of the same county. |
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43 | 43 | | (e) A person is not eligible for appointment or election as |
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44 | 44 | | a director if the person has, during the three years preceding the |
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45 | 45 | | person's appointment, been employed by an electric power and light |
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46 | 46 | | company, a telephone company, or any other utility company. |
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47 | 47 | | (f) At the expiration of the term of an appointed [a] |
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48 | 48 | | director, a successor shall be appointed by the governor with the |
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49 | 49 | | advice and consent of the senate. Each appointed director shall |
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50 | 50 | | hold office until the expiration of the term for which the director |
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51 | 51 | | was appointed and until a successor has been appointed and has |
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52 | 52 | | qualified, unless removed sooner as provided by this section. |
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53 | 53 | | (k) Nine [Eight] directors constitute a quorum at any |
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54 | 54 | | meeting and, except as otherwise provided by this chapter or in the |
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55 | 55 | | bylaws, all action may be taken by the affirmative vote of a |
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56 | 56 | | majority of the directors present at any meeting, except that |
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57 | 57 | | bonds, notes, or other evidence of indebtedness are subject to the |
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58 | 58 | | requirements of Sections 8503.004(p) and 8503.013(f), and no |
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59 | 59 | | amendment of the bylaws shall be valid unless authorized or |
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60 | 60 | | ratified by the affirmative vote of at least eight directors, |
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61 | 61 | | unless otherwise specifically provided by this chapter. |
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62 | 62 | | SECTION 2. Section 8503.004(p), Special District Local Laws |
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63 | 63 | | Code, is amended to read as follows: |
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64 | 64 | | (p) The authority may borrow money for its corporate |
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65 | 65 | | purposes on notes or other written evidence of indebtedness for a |
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66 | 66 | | period not to exceed five years as may be authorized from time to |
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67 | 67 | | time by an affirmative vote of 13 [12] members of the board and |
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68 | 68 | | repay the loans or indebtedness from the proceeds of bonds of the |
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69 | 69 | | authority at the next bond offering. The authority may borrow money |
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70 | 70 | | and accept grants from the United States, this state, or any |
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71 | 71 | | corporation or agency created or designated by the United States or |
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72 | 72 | | this state and, in connection with the loan or grant, may enter into |
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73 | 73 | | an agreement that the United States, this state, or the corporation |
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74 | 74 | | or agency requires. The authority may make and issue negotiable |
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75 | 75 | | bonds for money borrowed in the manner provided by Sections |
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76 | 76 | | 8503.013 and 8503.014 or other general law. This chapter does not |
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77 | 77 | | authorize the issuance of any bonds, notes, or other evidences of |
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78 | 78 | | indebtedness of the authority except as specifically provided by |
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79 | 79 | | this chapter or other general law. |
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80 | 80 | | SECTION 3. Section 8503.013(f), Special District Local Laws |
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81 | 81 | | Code, is amended to read as follows: |
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82 | 82 | | (f) Bonds shall be authorized by resolution of the board |
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83 | 83 | | concurred in by at least 13 [12] of the members. |
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84 | 84 | | SECTION 4. The Lower Colorado River Authority shall hold |
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85 | 85 | | the first election to elect directors as described by Section |
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86 | 86 | | 8503.006, Special District Local Laws Code, as amended by this Act, |
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87 | 87 | | on the uniform election date in November 2024. |
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88 | 88 | | SECTION 5. (a) The legal notice of the intention to |
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89 | 89 | | introduce this Act, setting forth the general substance of this |
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90 | 90 | | Act, has been published as provided by law, and the notice and a |
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91 | 91 | | copy of this Act have been furnished to all persons, agencies, |
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92 | 92 | | officials, or entities to which they are required to be furnished |
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93 | 93 | | under Section 59, Article XVI, Texas Constitution, and Chapter 313, |
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94 | 94 | | Government Code. |
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95 | 95 | | (b) The governor, one of the required recipients, has |
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96 | 96 | | submitted the notice and Act to the Texas Commission on |
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97 | 97 | | Environmental Quality. |
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98 | 98 | | (c) The Texas Commission on Environmental Quality has filed |
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99 | 99 | | its recommendations relating to this Act with the governor, the |
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100 | 100 | | lieutenant governor, and the speaker of the house of |
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101 | 101 | | representatives within the required time. |
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102 | 102 | | (d) All requirements of the constitution and laws of this |
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103 | 103 | | state and the rules and procedures of the legislature with respect |
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104 | 104 | | to the notice, introduction, and passage of this Act are fulfilled |
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105 | 105 | | and accomplished. |
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106 | 106 | | SECTION 6. This Act takes effect September 1, 2023. |
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