H.B. No. 730
 
 
 
 
AN ACT
  relating to the notice of a municipality's or county's intention to
  issue certificates of obligation.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 271.049(a), Local Government Code, is
  amended to read as follows:
         (a)  Regardless of the sources of payment of certificates,
  certificates may not be issued unless the issuer publishes notice
  of its intention to issue the certificates. The notice must be
  published once a week for two consecutive weeks in a newspaper, as
  defined by Subchapter C, Chapter 2051, Government Code, that is of
  general circulation in the area of the issuer, with the date of the
  first publication to be before the 30th [14th] day before the date
  tentatively set for the passage of the order or ordinance
  authorizing the issuance of the certificates.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2007.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 730 was passed by the House on April
  19, 2007, by the following vote:  Yeas 142, Nays 0, 2 present, not
  voting; and that the House concurred in Senate amendments to H.B.
  No. 730 on May 25, 2007, by the following vote:  Yeas 137, Nays 0, 1
  present, not voting.
 
  ______________________________
  Chief Clerk of the House   
 
         I certify that H.B. No. 730 was passed by the Senate, with
  amendments, on May 23, 2007, by the following vote:  Yeas 31, Nays
  0.
 
  ______________________________
  Secretary of the Senate   
  APPROVED: __________________
                  Date       
   
           __________________
                Governor