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  88R21685 AMF-F
 
  By: Goldman, Tepper H.B. No. 4082
 
  Substitute the following for H.B. No. 4082:
 
  By:  Capriglione C.S.H.B. No. 4082
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the purposes for which a municipality or county may
  issue an anticipation note or certificate of obligation.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1431.001, Government Code, is amended by
  adding Subdivision (6) to read as follows:
               (6)  "Public work" for an issuer that is a municipality
  or county has the meaning assigned by Section 271.043, Local
  Government Code. 
         SECTION 2.  Section 271.043, Local Government Code, is
  amended by adding Subdivision (7-a) to read as follows:
               (7-a)  "Public work" for an issuer that is a
  municipality or county:
                     (A)  means any of the following public
  improvements as authorized by law:
                           (i)  a street, road, highway, bridge,
  sidewalk, or parking structure;
                           (ii)  a landfill;
                           (iii)  an airport;
                           (iv)  a utility system, water supply
  project, water treatment plant, wastewater treatment plant, or
  water or wastewater conveyance facility;
                           (v)  a wharf or dock;
                           (vi)  a flood control and drainage project;
                           (vii)  a public safety facility, including a
  police station, fire station, emergency shelter, jail, or juvenile
  detention facility;
                           (viii)  a judicial facility;
                           (ix)  an administrative office building
  housing the governmental functions of the municipality or county;
                           (x)  an animal shelter;
                           (xi)  a library; or
                           (xii)  a park or recreation facility that is
  generally accessible to the public and is part of the municipal or
  county park system; and
                     (B)  does not include:
                           (i)  a facility for professional or
  semi-professional sports;
                           (ii)  a stadium, arena, civic center,
  convention center, or coliseum; or
                           (iii)  a hotel.
         SECTION 3.  The changes in law made by this Act apply only to
  an anticipation note or certificate of obligation issued on or
  after the effective date of this Act.  
         SECTION 4.  This Act takes effect September 1, 2023.