79R4082 ATP-D

By:  Gattis                                                       H.B. No. 1210



A BILL TO BE ENTITLED

AN ACT

relating to the amount spent by a political subdivision on a project 
supported by bonds approved at an election.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Sections 1251.001-1251.006, Government Code, 
are designated as Subchapter A, Chapter 1251, Government Code, and 
a heading for Subchapter A is added to read as follows:
	SUBCHAPTER A.  BOND ELECTION REQUIREMENTS
	SECTION 2.  Chapter 1251, Government Code, is amended by 
adding Subchapter B to read as follows:
	SUBCHAPTER B.  CONSEQUENCES OF BOND ELECTION
	Sec. 1251.052.  RESTRICTION ON EXPENDITURES.  A county, 
municipality, or other political subdivision of this state that 
undertakes a project supported by bonds, the issuance of which is 
approved at an election, may not spend more on the project than the 
amount stated in the proposition submitted in the election unless:
		(1)  spending a greater amount on the project is 
approved by the qualified voters of the political subdivision in a 
subsequent election, regardless of the source of the additional 
revenue; or
		(2)  the additional source of revenue for the project 
is stated in proposition.
	SECTION 3.  The change in law made by Section 1251.052, 
Government Code, as added by this Act, applies to an expenditure 
made for a project on or after September 1, 2005, regardless of when 
the bonds supporting the project were issued or approved.
	SECTION 4.  This Act takes effect September 1, 2005.