Old | New | Differences | |
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1 | + | 86R10093 ATP-D | |
1 | 2 | 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 | |
8 | 3 | ||
9 | 4 | ||
10 | 5 | A BILL TO BE ENTITLED | |
11 | 6 | AN ACT | |
12 | 7 | relating to the vote required to authorize the issuance of certain | |
13 | 8 | bonds. | |
14 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
15 | 10 | SECTION 1. The heading to Chapter 2, Election Code, is | |
16 | 11 | amended to read as follows: | |
17 | 12 | CHAPTER 2. VOTE REQUIRED FOR ELECTION [TO OFFICE] | |
18 | 13 | SECTION 2. Chapter 2, Election Code, is amended by adding | |
19 | 14 | Subchapter E to read as follows: | |
20 | 15 | SUBCHAPTER E. SUPERMAJORITY REQUIREMENT FOR CERTAIN ELECTIONS | |
21 | 16 | Sec. 2.101. POLITICAL SUBDIVISION BOND ELECTION. | |
22 | 17 | Notwithstanding any other law, an election held by a political | |
23 | 18 | subdivision to authorize the issuance of bonds does not authorize | |
24 | - | the issuance of the bonds unless at least | |
19 | + | the issuance of the bonds unless at least two-thirds of the voters | |
25 | 20 | voting in the election vote in favor of authorizing the issuance of | |
26 | 21 | bonds. | |
27 | 22 | SECTION 3. This Act applies only to an election ordered on | |
28 | 23 | or after the effective date of this Act. An election ordered before | |
29 | 24 | the effective date of this Act is governed by the law as it existed | |
30 | 25 | immediately before the effective date of this Act, and that law is | |
31 | 26 | continued in effect for that purpose. | |
32 | 27 | SECTION 4. This Act takes effect September 1, 2019. | |
33 | - | * * * * * |