Texas 2019 - 86th Regular

Texas Senate Bill SB1090 Compare Versions

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1+86R10093 ATP-D
12 By: Campbell S.B. No. 1090
2- (In the Senate - Filed February 25, 2019; March 7, 2019,
3- read first time and referred to Committee on Property Tax;
4- May 6, 2019, reported adversely, with favorable Committee
5- Substitute by the following vote: Yeas 5, Nays 0; May 6, 2019, sent
6- to printer.)
7- COMMITTEE SUBSTITUTE FOR S.B. No. 1090 By: Paxton
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105 A BILL TO BE ENTITLED
116 AN ACT
127 relating to the vote required to authorize the issuance of certain
138 bonds.
149 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1510 SECTION 1. The heading to Chapter 2, Election Code, is
1611 amended to read as follows:
1712 CHAPTER 2. VOTE REQUIRED FOR ELECTION [TO OFFICE]
1813 SECTION 2. Chapter 2, Election Code, is amended by adding
1914 Subchapter E to read as follows:
2015 SUBCHAPTER E. SUPERMAJORITY REQUIREMENT FOR CERTAIN ELECTIONS
2116 Sec. 2.101. POLITICAL SUBDIVISION BOND ELECTION.
2217 Notwithstanding any other law, an election held by a political
2318 subdivision to authorize the issuance of bonds does not authorize
24- the issuance of the bonds unless at least three-fifths of the voters
19+ the issuance of the bonds unless at least two-thirds of the voters
2520 voting in the election vote in favor of authorizing the issuance of
2621 bonds.
2722 SECTION 3. This Act applies only to an election ordered on
2823 or after the effective date of this Act. An election ordered before
2924 the effective date of this Act is governed by the law as it existed
3025 immediately before the effective date of this Act, and that law is
3126 continued in effect for that purpose.
3227 SECTION 4. This Act takes effect September 1, 2019.
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