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A BILL TO BE ENTITLED
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AN ACT
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relating to the specified use of bond proceeds by a county or |
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municipality. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 1251, Government Code, is |
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amended by adding Section 1251.002 to read as follows: |
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Sec. 1251.002. SPECIFIED USE OF BOND PROCEEDS. (a) The |
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ballot for a bond election must state with specificity: |
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(1) each project to be funded through the bond |
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proceeds; and |
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(2) the amount of bond proceeds to be spent on each |
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project. |
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(b) A county or municipality may not: |
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(1) spend an amount of the bond proceeds on a project |
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that is greater than the amount stated on the ballot for the |
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project; or |
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(2) transfer bond proceeds from one project to |
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another, regardless of whether the projects were approved at the |
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same election. |
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(c) An individual who votes in the bond election has |
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standing to bring an action in district court for injunctive relief |
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against the county or municipality that held the election for a |
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violation of this section regardless of whether the individual is |
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directly or indirectly injured by the violation. |
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SECTION 2. Section 1251.002, Government Code, as added by |
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this Act, applies only to a bond election ordered on or after the |
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effective date of this Act. A bond election ordered before the |
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effective date of this Act is governed by the law in effect when the |
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bond election was ordered, and the former law is continued in effect |
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for that purpose. |
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SECTION 3. This Act takes effect September 1, 2023. |