Texas 2017 - 85th Regular

Texas House Bill HCR163 Latest Draft

Bill / Introduced Version Filed 05/28/2017

                            85R34560 SLB-D
 By: Isaac H.C.R. No. 163


 CONCURRENT RESOLUTION
 WHEREAS, House Bill No. 4313 has been adopted by the house of
 representatives and the senate and is being prepared for
 enrollment; and
 WHEREAS, The bill contains technical errors that should be
 corrected; now, therefore, be it
 RESOLVED by the 85th Legislature of the State of Texas, That
 the enrolling clerk of the house of representatives be instructed
 to correct House Bill No. 4313 by adding the following SECTION 2 to
 the bill and renumbering SECTIONS of the bill accordingly:
 SECTION 2.  Section 8475.201, Special District Local Laws
 Code, is amended to read as follows:
 Sec. 8475.201.  AUTHORITY TO ISSUE BONDS AND OTHER
 OBLIGATIONS. (a)  Except as provided by Subsection (b), the [The]
 district may issue bonds or other obligations payable wholly or
 partly from ad valorem taxes, impact fees, revenue, contract
 payments, grants, or other district money, or any combination of
 those sources, to pay for any authorized district purpose.
 (b)  The district may not issue bonds payable wholly or
 partly from assessments.