Bill Text: TX SB1090 | 2019-2020 | 86th Legislature | Comm Sub
Bill Title: Relating to the vote required to authorize the issuance of certain bonds.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-05-20 - Not again placed on intent calendar [SB1090 Detail]
Download: Texas-2019-SB1090-Comm_Sub.html
| By: Campbell | S.B. No. 1090 | |
| (In the Senate - Filed February 25, 2019; March 7, 2019, | ||
| read first time and referred to Committee on Property Tax; | ||
| May 6, 2019, reported adversely, with favorable Committee | ||
| Substitute by the following vote: Yeas 5, Nays 0; May 6, 2019, sent | ||
| to printer.) | ||
| COMMITTEE SUBSTITUTE FOR S.B. No. 1090 | By: Paxton | |
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| relating to the vote required to authorize the issuance of certain | ||
| bonds. | ||
| 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 [ |
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| 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. POLITICAL SUBDIVISION BOND ELECTION. | ||
| Notwithstanding any other law, an election held by a political | ||
| subdivision to authorize the issuance of bonds does not authorize | ||
| the issuance of the bonds unless at least three-fifths of the voters | ||
| voting in the election vote in favor of authorizing the issuance of | ||
| bonds. | ||
| SECTION 3. 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 as it existed | ||
| immediately before the effective date of this Act, and that law is | ||
| continued in effect for that purpose. | ||
| SECTION 4. This Act takes effect September 1, 2019. | ||
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