By Green H.B. No. 1815
77R7010 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. Chapter 1251, Government Code, is amended by
1-5 adding Section 1251.007 to read as follows:
1-6 Sec. 1251.007. FREQUENCY OF BOND ELECTIONS. (a) In this
1-7 section, "political subdivision" means a:
1-8 (1) county;
1-9 (2) municipality;
1-10 (3) school district;
1-11 (4) junior college district;
1-12 (5) district or authority created under Article III,
1-13 Section 52, or Article XVI, Section 59, Texas Constitution; or
1-14 (6) any other special purpose district that has taxing
1-15 authority.
1-16 (b) A political subdivision may not call an election on a
1-17 bond proposal that failed at an earlier election or on a bond
1-18 proposal that is similar or related to the earlier bond proposal
1-19 before the first anniversary of the date of the election at which
1-20 the earlier bond proposal failed.
1-21 (c) The authority responsible for ordering the election on a
1-22 bond proposal shall determine whether the bond proposal is the same
1-23 as or similar or related to a bond proposal that failed at an
1-24 election held within the 12 months preceding the date proposed for
2-1 the election on the new bond proposal.
2-2 SECTION 2. This Act takes effect September 1, 2001.