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By: Canales, et al. (Senate Sponsor - Nichols) |
H.J.R. No. 99 |
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(In the Senate - Received from the House May 13, 2021; |
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May 14, 2021, read first time and referred to Committee on |
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Transportation; May 20, 2021, reported favorably by the following |
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vote: Yeas 9, Nays 0; May 20, 2021, sent to printer.) |
| Click here to see the committee vote |
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HOUSE JOINT RESOLUTION
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proposing a constitutional amendment authorizing a county to |
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finance the development or redevelopment of transportation or |
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infrastructure in unproductive, underdeveloped, or blighted areas |
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in the county; authorizing the issuance of bonds and notes. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1-g(b), Article VIII, Texas |
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Constitution, is amended to read as follows: |
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(b) The legislature by general law may authorize a county or |
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an incorporated city or town to issue bonds or notes to finance the |
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development or redevelopment of an unproductive, underdeveloped, |
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or blighted area within the county, city, or town and to pledge for |
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repayment of those bonds or notes increases in ad valorem tax |
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revenues imposed on property in the area by the county, city, or |
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town and other political subdivisions. |
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SECTION 2. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 2, 2021. |
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The ballot shall be printed to provide for voting for or against the |
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proposition: "The constitutional amendment authorizing a county to |
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finance the development or redevelopment of transportation or |
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infrastructure in unproductive, underdeveloped, or blighted areas |
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in the county." |
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