89R23201 DNC-D
By: Bumgarner, Cunningham, et al. H.B. No. 2207
Substitute the following for H.B. No. 2207:
By: Hayes C.S.H.B. No. 2207
A BILL TO BE ENTITLED
AN ACT
relating to the authority of a political subdivision to propose for
voter approval the issuance of general obligation bonds for a
purpose rejected by voters at a bond election held during the
preceding two years.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Chapter 1253, Government Code, is amended by
adding Section 1253.0015 to read as follows:
Sec. 1253.0015. LIMITATION ON AUTHORITY TO PROPOSE ISSUANCE
OF GENERAL OBLIGATION BONDS. A political subdivision may not
submit a proposition to approve the issuance of general obligation
bonds to the voters if the political subdivision submitted an
identical or substantially similar proposition to approve the
issuance of such bonds to the voters within the preceding two years
and the voters failed to approve the proposition.
SECTION 2. The change in law made by this Act applies only
to a proposition submitted to voters for which the election was
ordered on or after the effective date of this Act.
SECTION 3. This Act takes effect September 1, 2025.