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1 | 1 | 89R6014 DNC-F | |
2 | 2 | By: Parker S.B. No. 937 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | ||
6 | 6 | ||
7 | 7 | A BILL TO BE ENTITLED | |
8 | 8 | AN ACT | |
9 | 9 | relating to bidding or procurement requirements for improvement | |
10 | 10 | projects in public improvement districts. | |
11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
12 | 12 | SECTION 1. Section 372.003, Local Government Code, is | |
13 | 13 | amended by adding Subsection (b-2) to read as follows: | |
14 | 14 | (b-2) A public improvement project is not subject to the | |
15 | 15 | bidding or procurement requirements of Chapter 252 or Chapter 262 | |
16 | 16 | if at least one-third of the cost of the improvement is or will be | |
17 | 17 | paid or secured by a special assessment levied on property located | |
18 | 18 | inside the public improvement district. | |
19 | 19 | SECTION 2. This Act takes effect immediately if it receives | |
20 | 20 | a vote of two-thirds of all the members elected to each house, as | |
21 | 21 | provided by Section 39, Article III, Texas Constitution. If this | |
22 | 22 | Act does not receive the vote necessary for immediate effect, this | |
23 | 23 | Act takes effect September 1, 2025. |