Bill Text: TX HB962 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to ballot language for a proposition to approve the issuance of bonds by a school district.
Sponsorship: Partisan Bill (Republican 10)
Status: (Introduced - Dead) 2013-04-08 - Left pending in committee [HB962 Detail]
Download: Texas-2013-HB962-Introduced.html
| 83R5708 ATP-F | ||
| By: Sanford | H.B. No. 962 | |
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| relating to ballot language for a proposition to approve the | ||
| issuance of bonds by a school district. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 52.072(e), Election Code, is amended 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 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; [ |
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| (B) a general description of the purposes for | ||
| which the bonds are to be authorized, if approved; and | ||
| (C) if the issuer is a school district, the total | ||
| debt owed, stated as a total amount and as a per capita amount for | ||
| the district population, and any surplus funds held by the school | ||
| district on the first day of the fiscal year in which the election | ||
| is held; | ||
| (2) with respect to a proposition that only seeks | ||
| voter approval of the imposition or increase of a tax, the amount of | ||
| or maximum tax rate of the tax or tax increase for which approval is | ||
| sought; or | ||
| (3) with respect to a proposition that only seeks | ||
| voter approval of the reduction of a tax, the amount of tax rate | ||
| reduction or the tax rate for which approval is sought. | ||
| SECTION 2. 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 3. This Act takes effect September 1, 2013. | ||
