Bill Text: TX HB1946 | 2017-2018 | 85th Legislature | Comm Sub
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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-Comm_Sub.html
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-Comm_Sub.html
By: Parker (Senate Sponsor - Taylor of Collin) | H.B. No. 1946 | |
(In the Senate - Received from the House May 8, 2017; | ||
May 8, 2017, read first time and referred to Committee on | ||
Agriculture, Water & Rural Affairs; May 16, 2017, reported | ||
favorably by the following vote: Yeas 7, Nays 0; May 16, 2017, | ||
sent to printer.) | ||
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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. A contract or lease, | ||
other than 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 reviewed | ||
and approved by the attorney general, the approval of the bonds | ||
shall constitute an approval of the contract or lease and the | ||
contract or lease shall be incontestable. | ||
SECTION 2. The change in law made by this Act applies only | ||
to a contract or lease submitted by a water district under Section | ||
49.184, Water Code, as amended by this Act, to the attorney general | ||
after the effective date of this Act. A contract or lease submitted | ||
to the attorney general before the effective date of this Act is | ||
governed by the law in effect at the time the contract or lease is | ||
submitted, and that law is continued in effect for that purpose. | ||
SECTION 3. This Act takes effect September 1, 2017. | ||
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