H.J.R. No. 99
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment authorizing a county to
  finance the development or redevelopment of transportation or
  infrastructure in unproductive, underdeveloped, or blighted areas
  in the county; authorizing the issuance of bonds and notes.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1-g(b), Article VIII, Texas
  Constitution, is amended to read as follows:
         (b)  The legislature by general law may authorize a county or
  an incorporated city or town to issue bonds or notes to finance the
  development or redevelopment of an unproductive, underdeveloped,
  or blighted area within the county, city, or town and to pledge for
  repayment of those bonds or notes increases in ad valorem tax
  revenues imposed on property in the area by the county, city, or
  town and other political subdivisions.  A county that issues bonds
  or notes for transportation improvements under a general law
  authorized by this subsection may not:
               (1)  pledge for the repayment of those bonds or notes
  more than 65 percent of the increases in ad valorem tax revenues
  each year; or
               (2)  use proceeds from the bonds or notes to finance the
  construction, operation, maintenance, or acquisition of
  rights-of-way of a toll road.
         SECTION 2.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 2, 2021.
  The ballot shall be printed to provide for voting for or against the
  proposition: "The constitutional amendment authorizing a county to
  finance the development or redevelopment of transportation or
  infrastructure in unproductive, underdeveloped, or blighted areas
  in the county."
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.J.R. No. 99 was passed by the House on May
  12, 2021, by the following vote:  Yeas 127, Nays 15, 2 present, not
  voting; and that the House concurred in Senate amendments to H.J.R.
  No. 99 on May 28, 2021, by the following vote:  Yeas 126, Nays 13, 1
  present, not voting.
 
  ______________________________
  Chief Clerk of the House   
 
         I certify that H.J.R. No. 99 was passed by the Senate, with
  amendments, on May 26, 2021, by the following vote:  Yeas 27, Nays
  4.
 
  _______________________________
  Secretary of the Senate    
  RECEIVED:  _____________________
                     Date         
   
            _____________________
              Secretary of State