Texas 2023 - 88th Regular

Texas Senate Bill SB2337 Latest Draft

Bill / Introduced Version Filed 03/10/2023

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                            88R12203 MPF-D
 By: Middleton S.B. No. 2337


 A BILL TO BE ENTITLED
 AN ACT
 relating to an election to approve the issuance of bonds or other
 debt.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  The heading to Chapter 2, Election Code, is
 amended to read as follows:
 CHAPTER 2.  VOTE REQUIRED FOR ELECTION [TO OFFICE]
 SECTION 2.  Chapter 2, Election Code, is amended by adding
 Subchapter E to read as follows:
 SUBCHAPTER E.  SUPERMAJORITY REQUIREMENT FOR CERTAIN ELECTIONS
 Sec. 2.101.  CERTAIN POLITICAL SUBDIVISION ELECTIONS.
 Notwithstanding any other law, an election held by a political
 subdivision to authorize the issuance of bonds or other debt does
 not authorize the issuance of bonds or other debt unless at least
 two-thirds of the voters voting on the proposition authorizing the
 issuance of bonds or other debt vote in favor of the proposition.
 SECTION 3.  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.
 (b)  Notwithstanding Section 41.0011, a proposition
 described by Subsection (a) may not be submitted to the voters in an
 election held under that section.
 (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 4.  The change in law made by this Act applies 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.
 SECTION 5.  This Act takes effect September 1, 2023.