|
|
|
|
AN ACT
|
|
relating to the composition of the Finance Commission of Texas. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Subsections (a) and (b), Section 11.101, Finance |
|
Code, are amended to read as follows: |
|
(a) The Finance Commission of Texas is composed of 11 [nine] |
|
members appointed by the governor with the advice and consent of the |
|
senate. |
|
(b) Members of the finance commission serve staggered |
|
six-year terms, with as near as possible to [of six years with the
|
|
terms of] one-third of the members' terms [members] expiring |
|
February 1 of each even-numbered year. |
|
SECTION 2. Subsections (b) and (c), Section 11.102, Finance |
|
Code, are amended to read as follows: |
|
(b) Two members [One member] of the finance commission must |
|
be [a] banking executives [executive], one member of the finance |
|
commission must be a savings executive, one member of the finance |
|
commission must be a consumer credit executive, and one member of |
|
the finance commission must be a mortgage broker. |
|
(c) Six [Five] members of the finance commission must be |
|
representatives of the general public. At least one of those |
|
members must be a certified public accountant. |
|
SECTION 3. As soon as practicable after the effective date |
|
of this Act, the governor shall appoint two additional members to |
|
the Finance Commission of Texas. In appointing those members, the |
|
governor shall appoint one person to a term expiring February 1, |
|
2014, and one person to a term expiring February 1, 2016. |
|
SECTION 4. 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, 2011. |
|
|
|
|
|
|
|
|
|
|
______________________________ |
______________________________ |
|
President of the Senate |
Speaker of the House |
|
|
I hereby certify that S.B. No. 249 passed the Senate on |
|
April 7, 2011, by the following vote: Yeas 31, Nays 0; |
|
May 25, 2011, Senate refused to concur in House amendments and |
|
requested appointment of Conference Committee; May 26, 2011, House |
|
granted request of the Senate; May 28, 2011, Senate adopted |
|
Conference Committee Report by the following vote: Yeas 31, |
|
Nays 0. |
|
|
|
|
______________________________ |
|
Secretary of the Senate |
|
|
I hereby certify that S.B. No. 249 passed the House, with |
|
amendments, on May 23, 2011, by the following vote: Yeas 140, |
|
Nays 1, two present not voting; May 26, 2011, House granted request |
|
of the Senate for appointment of Conference Committee; |
|
May 27, 2011, House adopted Conference Committee Report by the |
|
following vote: Yeas 139, Nays 0, two present not voting. |
|
|
|
|
______________________________ |
|
Chief Clerk of the House |
|
|
|
|
|
Approved: |
|
|
|
______________________________ |
|
Date |
|
|
|
|
|
______________________________ |
|
Governor |