Part 5.
TEXAS DEPARTMENT OF ECONOMIC DEVELOPMENT
Chapter 162.
TEXAS EXPORTERS LOAN FUND
10 TAC §162.1 - 162.10
The Texas Department of Economic Development (department)
adopts the repeal of Chapter 162, §§162.1-162.10, Texas Exporters
Loan Fund in its entirety, relating to the administration of the procedures
for participation in the Texas Exporters Loan Fund. The repeal is adopted
without changes as published in the February 18, 2000, issue of the
The repeal is necessary because legislation authorizing the program provides
that "the Department may not guarantee or make a loan under this section after
August 31, 1997." Thus, agency review of this rule has found that the reason
for the rules has ceased to exist.
No comments were received regarding the repeal.
The repeal is adopted pursuant to Government Code, §481.0044,
which directs the governing board to adopt rules for the administration of
the department and Government Code, Chapter 2001, Subchapter B, which prescribes
the standards for rulemaking by state agencies.
This agency hereby certifies that the adoption has been reviewed
by legal counsel and found to be a valid exercise of the agency's legal authority.
Filed with the Office of
the Secretary of State on May 5, 2000.
TRD-200003195
Robin Abbott
General Counsel
Texas Department of Economic Development
Effective date: May 25, 2000
Proposal publication date: February 18, 2000
For further information, please call: (512) 936-0177
10 TAC §185.2 - 185.4
The Texas Department of Economic Development (department)
adopts amendments to §§185.2-185.4 of Chapter 185. Rules for Texas
Small Business Industrial Development Corporation Revenue Bond Programs, without
changes to the proposed text as published in the March 17, 2000, issue of
the
Texas Register
(25 TexReg 2238). The text
will not be republished.
The department has the authority to issue single or composite issue bonds
to qualified applicants who propose to acquire or construct a project for
the specific purpose of leasing or selling the completed project to one or
more small business concern(s) on terms and conditions prescribed by the corporation.
The rules as adopted will update references to the Texas Department of Commerce
and more accurately reflect current statutory language and department practices.
Upon review of these rules the department finds that the reason for adoption
continues to exist.
No comments were received regarding the proposed amendments.
The amendments are adopted pursuant to Government Code, §481.0044(a),
which directs the Governing Board of the Department to adopt rules necessary
for the administration of the Department, and Government Code, Chapter 2001,
Subchapter B, which prescribes the standards for rulemaking by state agencies.
This agency hereby certifies that the adoption has been reviewed
by legal counsel and found to be a valid exercise of the agency's legal authority.
Filed with the Office of
the Secretary of State on May 5, 2000.
TRD-200003193
Robin Abbott
General Counsel
Texas Department of Economic Development
Effective date: May 25, 2000
Proposal publication date: March 17, 2000
For further information, please call: (512) 936-0177
Chapter 185.
RULES FOR TEXAS SMALL BUSINESS INDUSTRIAL DEVELOPMENT CORPORATION REVENUE BOND PROGRAMS
Chapter 197.
PRIVATE DONATIONS