By: Perry S.B. No. 1908
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.