Bill Text: TX HB961 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to ballot language for a proposition to approve the issuance of bonds by a city.
Spectrum: Partisan Bill (Republican 10-0)
Status: (Introduced - Dead) 2013-04-08 - Left pending in committee [HB961 Detail]
Download: Texas-2013-HB961-Introduced.html
83R5706 ATP-D | ||
By: Sanford | H.B. No. 961 |
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relating to ballot language for a proposition to approve the | ||
issuance of bonds by a city. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 52.072(e), Election Code, is amended to | ||
read as follows: | ||
(e) In addition to any other requirement imposed by law for | ||
a proposition, including a provision prescribing the proposition | ||
language, a proposition submitted to the voters for approval of the | ||
issuance of bonds or the imposition, increase, or reduction of a tax | ||
shall specifically state, as applicable: | ||
(1) with respect to a proposition seeking voter | ||
approval of the issuance of bonds: | ||
(A) the total principal amount of the bonds to be | ||
authorized, if approved; [ |
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(B) a general description of the purposes for | ||
which the bonds are to be authorized, if approved; and | ||
(C) if the issuer is a city, the total debt owed, | ||
stated as a total amount and as a per capita amount for the city | ||
population, and any surplus funds held by the city on the first day | ||
of the fiscal year in which the election is held; | ||
(2) with respect to a proposition that only seeks | ||
voter approval of the imposition or increase of a tax, the amount of | ||
or maximum tax rate of the tax or tax increase for which approval is | ||
sought; or | ||
(3) with respect to a proposition that only seeks | ||
voter approval of the reduction of a tax, the amount of tax rate | ||
reduction or the tax rate for which approval is sought. | ||
SECTION 2. The change in law made by this Act applies only | ||
to an election ordered on or after the effective date of this Act. | ||
An election ordered before the effective date of this Act is | ||
governed by the law in effect when the election was ordered. | ||
SECTION 3. This Act takes effect September 1, 2013. |