By: Burrows H.B. No. 4098
A BILL TO BE ENTITLED
AN ACT
relating to bond elections for the Lynn County Hospital District.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1054.201, Special District Local Laws
Code, is amended to read as follows:
(a) The board may issue and sell general obligation bonds in
the name and on the faith and credit of the district to:
(1) purchase, construct, acquire, repair, or renovate
buildings or improvements;
(2) equip buildings or improvements for hospital
purposes; or
(3) acquire and operate a mobile emergency medical
service.
(b) No bonds shall be issued by the hospital district
except refunding bonds until authorized by a majority of the
qualified property taxpaying electors. The order for the bond
election shall specify the date of the election, the amount of bonds
to be authorized, the maximum maturity of the bonds, the maximum
rate of interest they are to bear, the place or places where the
election shall be held, the presiding judge and alternate judge for
each voting place and provide for clerks as in the county
elections. Notice of any bond election, except one held under the
provisions of Section 8, in which instance notice shall be given as
provided in Section 3, shall be given as provided in Article 704,
Revised Civil Statutes of Texas, 1925, as amended, and shall be
conducted in accordance with the general laws of Texas pertaining
to general elections, except as modified by the provisions of this
Act.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2015.