The Laws of Texas, 1931-1933 [Volume 28] Page: 50 of 2,111
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42 GENERAL AND SPECIAL LAWS.
AMENDING BOND AND WARRANT LAW SO AS TO
PROVIDE THAT GIVING OF NOTICE BY
CITIES SHALL NOT BE A CONDITION
S. B. No. 35.] CHAPTER 24.
An Act to amend House Bill No. 312 known as the bond and warrant law
of 1931 passed by the Forty-Second Legislature at the Regular Session
thereof by adding thereto a new section to be designated as Section
11a, providing that nothing contained in said Act shall be construed as
requiring any city to give any notice as a condition precedent to issuing
warrants payable out of current funds of such city, and the issuance
of any such warrants by any such city shall not be subject to the
terms and provisions of said Act; providing that when such warrants
are authorized the governing body shall also pass an order setting
aside such amount of current funds as will discharge principal and
interest of the warrants and such appropriated portion of such current
funds shall not be used for any purpose other than to discharge said
warrants and providing no such warrants shall ever be refunded but
must be discharged from designated funds; and declaring an emergency.
Be it enacted by the Legislature of the State of Texas:
SECTION 1. That House Bill No. 312 enacted at the Regular
Session of the Forty-second Legislature known as the bond and
warrant law of 1931 be and the same is hereby amended by
adding thereto a new section to be designated as Section Ila,
which section shall read as follows:
"Section Ila. Nothing contained in this Act shall be construed
as requiring any city to give any notice as a condition
precedent to issuing warrants payable out of current funds of
said city and the issuance of any such warrants by any such city
shall not be subject to the terms and provisions of this Act; provided,
however, that at the time of the authorization of such
warrants the Governing Body of the city, shall also pass an
order setting aside such an amount of the current funds as will
discharge the principal and interest of the warrants issued and
based upon such current funds. And thereafter the so appropriated
portion of such current funds shall not be used for any
purpose other then to discharge said warrants. And no such
warrants shall ever be refunded, but they must be discharged out
of the designated funds."
SEC. 2. The fact that it was not the intention of the Legislature
to subject cities to the provisions of said Act relative to
the issuance of warrants payable out of current funds, and
whereas there has arisen some confusion as to the interpretation
of said Act in that respect and same has resulted in handicapping
such cities in taking care of their current expenses out of current
funds, creates an emergency and an imperative public necessity
that the Constitutional Rule requiring bills to be read on
three several days in each House be suspended, and said Rule is
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1931-1933 [Volume 28], book, 1933; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth17293/m1/50/: accessed August 22, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .