Bill Text: TX SCR54 | 2025-2026 | 89th Legislature | Enrolled
Bill Title: Instructing the enrolling clerk of the senate to make a correction in S.B. No. 2268.
Sponsorship: Partisan Bill (Republican 2)
Status: (Enrolled) 2025-06-03 - Filed with the Secretary of State [SCR54 Detail]
Download: Texas-2025-SCR54-Enrolled.html
| S.C.R. No. 54 | ||
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| WHEREAS, Senate Bill No. 2268 has been adopted by the senate | ||
| and the house of representatives and is being prepared for | ||
| enrollment; and | ||
| WHEREAS, The bill contains a technical error that should be | ||
| corrected; now, therefore, be it | ||
| RESOLVED by the 89th Legislature of the State of Texas, That | ||
| the enrolling clerk of the senate be instructed to make the | ||
| following correction to the enrolled version of Senate Bill | ||
| No. 2268: | ||
| In SECTION 2 of the bill, strike added Section 34.0104(b-1), | ||
| Utilities Code (page 1, lines 14 through 21), and added Section | ||
| 34.0104(b-2), Utilities Code, as added by Floor Amendment No. 1 by | ||
| Hunter, and substitute the following: | ||
| (b-1) Notwithstanding Subsection (b)(3): | ||
| (1) a construction loan provided to a municipally | ||
| owned utility, or an instrumentality of a municipal corporation | ||
| established for the benefit of a municipally owned utility, may be | ||
| in the form of a public security, as defined by Section 1201.002, | ||
| Government Code, issued by the loan applicant if the public | ||
| security is payable on a parity basis with other debt of the loan | ||
| applicant secured by a senior lien on net revenues of the facility | ||
| or the loan applicant's utility system; and | ||
| (2) a construction loan provided to an electric | ||
| cooperative may be secured by a senior lien on substantially all | ||
| electric system assets of the electric cooperative, including the | ||
| facility for which the loan is provided, payable on a parity basis | ||
| with other debt of the loan applicant secured by a senior lien. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I hereby certify that S.C.R. No. 54 was adopted by the Senate | ||
| on May 30, 2025, by the following vote: Yeas 31, Nays 0. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| I hereby certify that S.C.R. No. 54 was adopted by the House | ||
| on June 1, 2025, by the following vote: Yeas 127, Nays 5, | ||
| one present not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| Received: | ||
| ______________________________ | ||
| Date | ||
| ______________________________ | ||
| Secretary of State | ||
