Texas 2009 - 81st Regular

Texas House Bill HB2602 Compare Versions

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11 81R4339 SLB-F
22 By: Kleinschmidt H.B. No. 2602
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the powers and duties of the Bastrop County Water
88 Control and Improvement District No. 2; providing authority to
99 impose a tax and issue bonds.
1010 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1111 SECTION 1. Section 11001.002(a), Special District Local
1212 Laws Code, is amended to read as follows:
1313 (a) Under [The district has all of the rights, powers,
1414 privileges, functions, responsibilities, and duties that general
1515 law grants a road district created under] Section 52, Article III,
1616 Texas Constitution, the district may design, acquire, construct,
1717 finance, issue bonds for, improve, operate, maintain, and convey to
1818 this state, a county, or a municipality for operation and
1919 maintenance macadamized, graveled, or paved roads or improvements,
2020 including storm drainage, in aid of those roads, inside the
2121 district.
2222 SECTION 2. Section 11001.007, Special District Local Laws
2323 Code, is amended to read as follows:
2424 Sec. 11001.007. MONTHLY CHARGES. (a) The board by
2525 resolution may impose a monthly charge in an amount not to exceed
2626 $15 [of five dollars] for each developed or undeveloped lot, tract,
2727 or reserve in the district.
2828 (b) Money received from the monthly charge may [must] be
2929 used only for:
3030 (1) constructing, maintaining, or repairing public
3131 streets or roadways in the district; or
3232 (2) purchasing equipment necessary to accomplish a
3333 purpose described by Subdivision (1).
3434 (c) Not [Of the money received under Subsection (a):
3535 [(1) not] more than 10 percent of the money received
3636 under Subsection (a) may be used for administrative purposes[; and
3737 [(2) not more than 15 percent may be used for road
3838 maintenance].
3939 SECTION 3. Chapter 11001, Special District Local Laws Code,
4040 is amended by adding Sections 11001.014, 11001.015, and 11001.016
4141 to read as follows:
4242 Sec. 11001.014. AUTHORITY TO ISSUE BONDS AND OTHER
4343 OBLIGATIONS. (a) The district may issue bonds or other obligations
4444 as provided by Chapters 49 and 51, Water Code, to finance the
4545 acquisition, construction, improvement, maintenance, or operation
4646 of a project under Section 11001.002.
4747 (b) The district may not issue bonds or other obligations
4848 secured wholly or partly by ad valorem taxes to finance projects
4949 authorized by Section 11001.002 unless the issuance is approved by
5050 a vote of a two-thirds majority of the district voters voting at an
5151 election called for that purpose.
5252 (c) Bonds or other obligations issued or incurred to finance
5353 projects authorized by Section 11001.002 may not exceed one-fourth
5454 of the assessed value of the real property in the district.
5555 (d) Sections 49.181, 49.182, and 50.107, Water Code, do not
5656 apply to a project authorized by Section 11001.002 or to bonds
5757 issued to finance the project.
5858 Sec. 11001.015. TAX TO REPAY BONDS. The district may impose
5959 a tax to pay the principal of or interest on bonds or other
6060 obligations issued under Section 11001.014.
6161 Sec. 11001.016. ROAD CONTRACTS. The district may enter
6262 into a contract for a road project in the manner provided by
6363 Subchapter I, Chapter 49, Water Code.
6464 SECTION 4. (a) The legal notice of the intention to
6565 introduce this Act, setting forth the general substance of this
6666 Act, has been published as provided by law, and the notice and a
6767 copy of this Act have been furnished to all persons, agencies,
6868 officials, or entities to which they are required to be furnished
6969 under Section 59, Article XVI, Texas Constitution, and Chapter 313,
7070 Government Code.
7171 (b) The governor, one of the required recipients, has
7272 submitted the notice and Act to the Texas Commission on
7373 Environmental Quality.
7474 (c) The Texas Commission on Environmental Quality has filed
7575 its recommendations relating to this Act with the governor, the
7676 lieutenant governor, and the speaker of the house of
7777 representatives within the required time.
7878 (d) All requirements of the constitution and laws of this
7979 state and the rules and procedures of the legislature with respect
8080 to the notice, introduction, and passage of this Act are fulfilled
8181 and accomplished.
8282 SECTION 5. This Act takes effect immediately if it receives
8383 a vote of two-thirds of all the members elected to each house, as
8484 provided by Section 39, Article III, Texas Constitution. If this
8585 Act does not receive the vote necessary for immediate effect, this
8686 Act takes effect September 1, 2009.