Bill Text: TX SB1609 | 2023-2024 | 88th Legislature | Introduced


Bill Title: Relating to a proposition to approve the issuance of bonds or other debt.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2023-03-16 - Referred to State Affairs [SB1609 Detail]

Download: Texas-2023-SB1609-Introduced.html
  88R1235 ADM-D
 
  By: Sparks S.B. No. 1609
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to a proposition to approve the issuance of bonds or other
  debt.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter A, Chapter 41, Election Code, is
  amended by adding Section 41.0051 to read as follows:
         Sec. 41.0051.  PROPOSITION FOR APPROVAL OF ISSUANCE OF BONDS
  OR OTHER DEBT. (a) A proposition for approval of the issuance of
  bonds or other debt shall be submitted to the voters in an election
  held on the November uniform election date.
         (b)  Notwithstanding Section 41.0011, a proposition
  described by Subsection (a) may not be submitted to the voters in an
  election held under that section.
         (c)  If a law outside this code requires a proposition
  described by Subsection (a) to be submitted to the voters in an
  election held on a date other than the November uniform election
  date, the authority administering the election shall set the
  election date to comply with this section.
         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, 2023.
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