TO: | Honorable Mary Denny, Chair, House Committee on Elections |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB1143 by Gattis (Relating to the submission of separate proposals at a bond election for each project to be supported by the bonds.), As Introduced |
The bill would require that elections held by a political subdivision to approve the issuance of bonds must list on the ballot as a separate proposition each project included in the purpose or purposes for which the bonds are to be issued. The bill would authorize the submission of multiple purposes for which a maintenance tax would be imposed as a single proposition. The bill would go into effect September 1, 2005 and would apply only to a bond election ordered on or after that date.
Under current statute, each project included in the purpose or purposes for which bonds are issued may be included in a single proposition on the ballot. Current statute does not address whether maintenance tax proposals require a single or separate propositions for each purpose.
Source Agencies: |
LBB Staff: | JOB, DLBa
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