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CONCURRENT RESOLUTION
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WHEREAS, House Bill No. 4311 has been adopted by the house of |
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representatives and the senate and is being prepared for |
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enrollment; and |
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WHEREAS, The bill contains technical errors that should be |
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corrected; now, therefore, be it |
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RESOLVED by the 85th Legislature of the State of Texas, That |
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the enrolling clerk of the house of representatives be instructed |
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to correct House Bill No. 4311 by adding the following SECTION 2 to |
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the bill and renumbering SECTIONS of the bill accordingly: |
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SECTION 2. Section 8473.201, Special District Local Laws |
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Code, is amended to read as follows: |
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Sec. 8473.201. AUTHORITY TO ISSUE BONDS AND OTHER |
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OBLIGATIONS. (a) Except as provided by Subsection (b), the [The] |
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district may issue bonds or other obligations payable wholly or |
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partly from ad valorem taxes, impact fees, revenue, contract |
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payments, grants, or other district money, or any combination of |
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those sources, to pay for any authorized district purpose. |
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(b) The district may not issue bonds payable wholly or |
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partly from assessments. |