78R2748 JRJ-D

By:  Lindsay                                                      S.B. No. 212



A BILL TO BE ENTITLED

AN ACT

relating to the order calling bond elections for certain 
metropolitan rapid transit authorities.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 451.352, Transportation Code, is amended 
by adding Subsection (d) to read as follows:
	(d)  In an authority having a principal municipality with a 
population of more than 1.2 million, the order for a bond election 
held under Subsection (c) must specify:
		(1)  the amount of bonds to be authorized;                             
		(2)  the source of revenue that will be used to pay the 
principal and interest on the bonds;
		(3)  the type of project for which the bonds are to be 
issued; and   
		(4)  the location within a half mile of each project to 
be constructed.
	SECTION 2.  This Act takes effect September 1, 2003, and 
applies only to an order calling a bond election issued on or after 
that date.