By:  Henderson                                          S.B. No. 88
                                 A BILL TO BE ENTITLED
                                        AN ACT
    1-1  relating to the validation of government acts and proceedings
    1-2  regarding certain bond elections in municipalities with a
    1-3  population of more than 1.5 million.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  APPLICATION.  This Act applies to any
    1-6  municipality having a population of 1.5 million or more.
    1-7        SECTION 2.  PROCEEDINGS VALIDATED.  The governmental acts and
    1-8  proceedings of a municipality relating to a bond election that was
    1-9  held before December 1, 1991, and at which the ballot proposition
   1-10  was approved by more than 60 percent of the voters voting on the
   1-11  proposition are validated as of the dates they occurred.  The
   1-12  validation includes the preparation and wording of the ballot
   1-13  proposition, any action taken by the municipality in calling and
   1-14  holding the bond election, and any other action taken by the
   1-15  municipality before the effective date of this Act in connection
   1-16  with the issuance of any bonds approved in the bond election.  The
   1-17  acts and proceedings may not be held invalid because they were not
   1-18  performed in accordance with law.  A municipality may take any
   1-19  further action or may conduct any further proceeding necessary to
   1-20  complete the issuance of the bonds approved at the bond election,
   1-21  and, when issued, the bonds are valid and binding obligations of
   1-22  the municipality in accordance with the terms of the bonds.
   1-23        SECTION 3.  EFFECT ON LITIGATION.  This Act does not apply to
    2-1  any matter that on the effective date of this Act has been held
    2-2  invalid by a final judgment of a court of competent jurisdiction.
    2-3        SECTION 4.  EMERGENCY.  The importance of this legislation
    2-4  and the crowded condition of the calendars in both houses create an
    2-5  emergency and an imperative public necessity that the
    2-6  constitutional rule requiring bills to be read on three several
    2-7  days in each house be suspended, and this rule is hereby suspended,
    2-8  and that this Act take effect and be in force from and after its
    2-9  passage, and it is so enacted.