Texas 2019 86th Regular

Texas Senate Bill SB2219 Introduced / Bill

Filed 03/08/2019

                    86R6356 ADM-F
 By: Bettencourt S.B. No. 2219


 A BILL TO BE ENTITLED
 AN ACT
 relating to ballot propositions authorizing political subdivisions
 to issue bonds or other debt or to impose or change a tax.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter A, Chapter 41, Election Code, is
 amended by adding Section 41.0051 to read as follows:
 Sec. 41.0051.  PROPOSITION FOR APPROVAL OF ISSUANCE OF BONDS
 OR OTHER DEBT. (a) A proposition for approval of the issuance of
 bonds or other debt shall be submitted to the voters in an election
 held on the November uniform election date, except as provided by
 Subsection (b).
 (b)  Notwithstanding Section 41.0011(a), an emergency
 election under Section 41.0011 at which a proposition described by
 Subsection (a) is submitted to the voters shall be held on any
 uniform election date.
 (c)  If a law outside this code requires a proposition
 described by Subsection (a) to be submitted to the voters in an
 election held on a date other than the November uniform election
 date, the authority administering the election shall set the
 election date to comply with this section.
 SECTION 2.  Section 52.072, Election Code, is amended by
 amending Subsection (e) and adding Subsection (f) to read as
 follows:
 (e)  In addition to any other requirement imposed by law for
 a proposition, including a provision prescribing the proposition
 language, a proposition in an election of a political subdivision,
 including a city, county, school district, or special taxing
 district, submitted to the voters for approval of [the issuance of
 bonds or] the imposition, increase, or reduction of a tax shall
 specifically state, as applicable:
 (1)  [with respect to a proposition seeking voter
 approval of the issuance of bonds:
 [(A)     the total principal amount of the bonds to
 be authorized, if approved; and
 [(B)     a general description of the purposes for
 which the bonds are to be authorized, if approved;
 [(2)]  with respect to a proposition that only seeks
 voter approval of the imposition or increase of a tax:
 (A)  [,] the amount of or maximum tax rate of the
 tax or tax increase for which approval is sought;
 (B)  the estimated additional tax burden that
 would be imposed on a homestead with a value equal to the median
 homestead value in the political subdivision, as computed by the
 appraisal district, after the imposition or increase of the tax, if
 approved; and
 (C)  a detailed description of the purposes for
 which the tax is to be imposed or increased, if approved; or
 (2) [(3)]  with respect to a proposition that only
 seeks voter approval of the reduction of a tax:
 (A)  [,] the amount of tax rate reduction or the
 tax rate for which approval is sought; and
 (B)  the estimated tax reduction for a homestead
 with a value equal to the median homestead value in the political
 subdivision, as computed by the appraisal district, if the
 reduction of the tax is approved.
 (f)  A proposition to which Subsection (e) applies or for
 approval of the issuance of bonds may not exceed:
 (1)  5,000 characters; or
 (2)  a different limit prescribed by the secretary of
 state that ensures that the length of the proposition does not
 exceed one page of the ballot or one screen on an electronic voting
 machine.
 SECTION 3.  Chapter 1251, Government Code, is amended by
 designating Sections 1251.001, 1251.002, 1251.003, 1251.004,
 1251.005, and 1251.006 as Subchapter A and adding a subchapter
 heading to read as follows:
 SUBCHAPTER A. PROVISIONS RELATING GENERALLY TO BOND ELECTIONS
 SECTION 4.  Chapter 1251, Government Code, is amended by
 adding Subchapter B to read as follows:
 SUBCHAPTER B. BALLOT PROPOSITION FOR BONDS ISSUED BY POLITICAL
 SUBDIVISION
 Sec. 1251.051.  APPLICABILITY. This subchapter applies to
 bonds issued by any political subdivision, including a
 municipality, county, school district, or special taxing district.
 Sec. 1251.052.  FORM. A proposition seeking voter approval
 of the issuance of bonds shall specifically state:
 (1)  a general description of the purposes for which
 the bonds are to be authorized;
 (2)  the total principal amount of the bonds;
 (3)  the total amount of the political subdivision's
 debt secured by ad valorem taxes currently outstanding;
 (4)  the total amount of the political subdivision's
 current payments on debt secured by ad valorem taxes;
 (5)  the amount of taxes required to be imposed on a
 homestead with a value equal to the median homestead value in the
 political subdivision, as computed by the appraisal district, to
 repay the political subdivision's current debt obligations secured
 by ad valorem taxes; and
 (6)  the estimated tax burden that would be imposed on a
 homestead with a value equal to the median homestead value in the
 political subdivision, as computed by the appraisal district, to
 repay the bonds to be authorized, if approved.
 SECTION 5.  The changes in law made by this Act apply only to
 an election ordered on or after the effective date of this Act. An
 election ordered before the effective date of this Act is governed
 by the law in effect when the election was ordered, and the former
 law is continued in effect for that purpose.
 SECTION 6.  This Act takes effect September 1, 2019.