Bill Text: TX HB1946 | 2017-2018 | 85th Legislature | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the incontestability of certain contracts or leases submitted to the attorney general by certain water districts.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2017-06-01 - Effective on 9/1/17 [HB1946 Detail]

Download: Texas-2017-HB1946-Introduced.html
  85R8750 TSR-D
 
  By: Parker H.B. No. 1946
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the incontestability of certain contracts or leases
  submitted to the attorney general by certain water districts.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 49.184(e), Water Code, is amended to
  read as follows:
         (e)  A contract or lease in which the proceeds of the
  contract or lease are pledged to the payment of a bond may be
  submitted to the attorney general along with the bond records, and,
  if submitted, the approval by the attorney general of the bonds
  shall constitute an approval of the contract or lease and the
  contract or lease shall be incontestable.
         SECTION 2.  This Act takes effect September 1, 2017.
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