84th Texas Legislature, Regular Session, House Bill 2667, Chapter 364 Page: 1 of 10
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Chapter 364
H.B. No. 2667
AN ACT
relating to the abolishment of certain programs administered by the
Texas Economic Development Bank.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. The following laws are repealed:
(1) Subchapter N, Chapter 481, Government Code; and
(2) Chapter 503, Local Government Code.
SECTION 2. Section 447.013(i), Government Code, is amended
to read as follows:
(i) A recipient of a grant or loan under this section is
encouraged to purchase goods and services from small businesses and
historically underutilized businesses, as those terms are defined
by former Section 481.191, as that section existed on January 1,
2015 [ovornmcnt-Gede] .
SECTION 3. Section 489.108, Government Code, is amended to
read as follows:
Sec. 489.108. PROGRAMS, SERVICES, AND FUNDS UNDER BANK'S
DIRECTION. Notwithstanding any other law, the bank shall perform
the duties and functions of the office with respect to the following
programs, services, and funds:
(1) [the Tcxac SmlB sindustial e cnt
Co
[42-)-] the capital access program established under
Section 481.405;1
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Texas. Legislature. House of Representatives. 84th Texas Legislature, Regular Session, House Bill 2667, Chapter 364, legislative document, June 9, 2015; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth705406/m1/1/?rotate=90: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.