Bill Text: TX HB2508 | 2023-2024 | 88th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the disbursement of money by a levee improvement district.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2023-06-12 - Effective immediately [HB2508 Detail]
Download: Texas-2023-HB2508-Comm_Sub.html
Bill Title: Relating to the disbursement of money by a levee improvement district.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2023-06-12 - Effective immediately [HB2508 Detail]
Download: Texas-2023-HB2508-Comm_Sub.html
By: Jetton (Senate Sponsor - Kolkhorst) | H.B. No. 2508 | |
(In the Senate - Received from the House May 3, 2023; | ||
May 4, 2023, read first time and referred to Committee on Water, | ||
Agriculture & Rural Affairs; May 12, 2023, reported favorably by | ||
the following vote: Yeas 8, Nays 0; May 12, 2023, sent to printer.) | ||
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relating to the disbursement of money by a levee improvement | ||
district. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter F, Chapter 57, Water Code, is amended | ||
by adding Section 57.178 to read as follows: | ||
Sec. 57.178. DISBURSEMENT OF DISTRICT MONEY. The board by | ||
resolution may allow: | ||
(1) a bank in which the district deposits money to sign | ||
disbursements; | ||
(2) the disbursement of district money to be | ||
transferred by Automated Clearing House (ACH); and | ||
(3) the wire or electronic transfer of district money | ||
to vendors or other authorized accounts not in the name of the | ||
district. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2023. | ||
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