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1 | 1 | 85R34560 SLB-D | |
2 | 2 | By: Isaac H.C.R. No. 163 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | CONCURRENT RESOLUTION | |
6 | 6 | WHEREAS, House Bill No. 4313 has been adopted by the house of | |
7 | 7 | representatives and the senate and is being prepared for | |
8 | 8 | enrollment; and | |
9 | 9 | WHEREAS, The bill contains technical errors that should be | |
10 | 10 | corrected; now, therefore, be it | |
11 | 11 | RESOLVED by the 85th Legislature of the State of Texas, That | |
12 | 12 | the enrolling clerk of the house of representatives be instructed | |
13 | 13 | to correct House Bill No. 4313 by adding the following SECTION 2 to | |
14 | 14 | the bill and renumbering SECTIONS of the bill accordingly: | |
15 | 15 | SECTION 2. Section 8475.201, Special District Local Laws | |
16 | 16 | Code, is amended to read as follows: | |
17 | 17 | Sec. 8475.201. AUTHORITY TO ISSUE BONDS AND OTHER | |
18 | 18 | OBLIGATIONS. (a) Except as provided by Subsection (b), the [The] | |
19 | 19 | district may issue bonds or other obligations payable wholly or | |
20 | 20 | partly from ad valorem taxes, impact fees, revenue, contract | |
21 | 21 | payments, grants, or other district money, or any combination of | |
22 | 22 | those sources, to pay for any authorized district purpose. | |
23 | 23 | (b) The district may not issue bonds payable wholly or | |
24 | 24 | partly from assessments. |