81st Texas Legislature, Senate Bill 2462, Chapter 582 Page: 2 of 5
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S.B. No. 2462
1 Section 311.010(b), Tax Code, dedicating revenue from a tax
2 increment fund; or
3 (2) a project that is financed by an issuance of bonds
4 described by Subdivision (1) of this subsection.
5 SECTION 2. (a) Any act or proceeding of the Falcon's Lair
6 Utility and Reclamation District, including an election, not
7 excepted by this section and taken before the effective date of this
8 Act, is validated and confirmed in all respects as of the date on
9 which the act or proceeding occurred.
10 (b) This section does not apply to:
11 (1) an act, proceeding, director, other official,
12 bond, or other obligation the validity of which or of whom is the
13 subject of litigation that is pending on the effective date of this
14 Act; or
15 (2) an act or proceeding that, under a statute of this
16 state or the United States, was a misdemeanor or felony at the time
17 the act or proceeding occurred.
18 SECTION 3. (a) Section 19, Chapter 935, Acts of the 69th19 Legislature, Regular Session, 1985, as amended by this Act, applies
20 to bonds issued by the Falcon's Lair Utility and Reclamation
21 District on or after the effective date of this Act, regardless of
22 whether an application for bond approval from the Texas Commission
23 on Environmental Quality is pending on the effective date of this
24 Act. Bonds issued by the district before the effective date of this
25 Act are governed by the law in effect on the date the bonds were
26 issued, and that law is continued in effect for that purpose.
27 (b) Section 19, Chapter 935, Acts of the 69th Legislature,2
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Texas. Legislature. Senate. 81st Texas Legislature, Senate Bill 2462, Chapter 582, legislative document, June 19, 2009; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth149565/m1/2/: accessed May 5, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.