| 1 | 1 | | 89R4039 ANG-F |
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| 2 | 2 | | By: Guillen H.B. No. 1353 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | |
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| 6 | 6 | | |
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| 7 | 7 | | A BILL TO BE ENTITLED |
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| 8 | 8 | | AN ACT |
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| 9 | 9 | | relating to international cooperation agreements between certain |
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| 10 | 10 | | state agencies and the United Mexican States and funding for |
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| 11 | 11 | | infrastructure investment in this state; providing authority for |
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| 12 | 12 | | certain agencies to issue bonds. |
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| 13 | 13 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 14 | 14 | | SECTION 1. Section 792.005(b), Government Code, is amended |
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| 15 | 15 | | to read as follows: |
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| 16 | 16 | | (b) Only the following state agencies may issue bonds under |
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| 17 | 17 | | this section: |
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| 18 | 18 | | (1) the Department of Agriculture; |
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| 19 | 19 | | (2) the Texas Department of Economic Development; |
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| 20 | 20 | | (3) the Texas Department of Housing and Community |
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| 21 | 21 | | Affairs; |
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| 22 | 22 | | (4) the Texas Public Finance Authority; |
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| 23 | 23 | | (5) the Texas Turnpike Authority; [or] |
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| 24 | 24 | | (6) the Texas Water Development Board; |
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| 25 | 25 | | (7) the Texas Commission on Environmental Quality; or |
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| 26 | 26 | | (8) the Public Utility Commission of Texas. |
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| 27 | 27 | | SECTION 2. Section 792.006, Government Code, is amended to |
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| 28 | 28 | | read as follows: |
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| 29 | 29 | | Sec. 792.006. APPROVAL OF GOVERNOR AND LEGISLATIVE BUDGET |
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| 30 | 30 | | BOARD. An agreement made by a state agency under this chapter that |
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| 31 | 31 | | involves the use of money appropriated from the state treasury for |
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| 32 | 32 | | projects inside or outside of this state is not valid unless it is |
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| 33 | 33 | | approved by the governor and the Legislative Budget Board. |
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| 34 | 34 | | SECTION 3. Chapter 792, Government Code, is amended by |
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| 35 | 35 | | adding Section 792.007 to read as follows: |
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| 36 | 36 | | Sec. 792.007. INFRASTRUCTURE INVESTMENTS. An agency |
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| 37 | 37 | | described by Section 792.005(b) may create a funding mechanism to |
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| 38 | 38 | | jointly invest in and leverage funding for infrastructure in Texas |
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| 39 | 39 | | with the North American Development Bank. |
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| 40 | 40 | | SECTION 4. This Act takes effect September 1, 2025. |
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