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House Bill 1730 |
House Author: Pitts |
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Effective: 6-19-09 |
Senate Sponsor: Averitt |
House Bill 1730 amends the Local Government Code to authorize a municipality or county to issue general obligation bonds or revenue bonds to reimburse a developer for the cost of a public improvement located in a public improvement district created on or after January 1, 2005, in a county that meets certain geographic and population requirements if certain criteria are met. The bonds must comply with the provisions relating to general obligation bonds or revenue bonds issued under the Public Improvement District Assessment Act.