By Green H.B. No. 1337
77R4175 MI-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the frequency of municipal bond elections.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Subchapter A, Chapter 1331, Government Code, is
1-5 amended by adding Section 1331.003 to read as follows:
1-6 Sec. 1331.003. FREQUENCY OF BOND ELECTIONS. (a) A
1-7 municipality may not call an election on a bond proposal that
1-8 failed at an earlier election or on a bond proposal that is similar
1-9 or related to the earlier bond proposal before the first
1-10 anniversary of the date of the election at which the earlier bond
1-11 proposal failed.
1-12 (b) The authority responsible for ordering the election on a
1-13 bond proposal shall determine whether the bond proposal is the same
1-14 as or similar or related to a bond proposal that failed at an
1-15 election held within the 12 months preceding the date proposed for
1-16 the election on the new bond proposal.
1-17 SECTION 2. This Act takes effect September 1, 2001.