Bill Text: TX SB642 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to required disclosures in and to the length of ballot proposition language authorizing political subdivisions to issue bonds or impose or change a tax.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2017-02-13 - Referred to Intergovernmental Relations [SB642 Detail]
Download: Texas-2017-SB642-Introduced.html
| 85R2033 ADM-F | ||
| By: Bettencourt | S.B. No. 642 | |
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| relating to required disclosures in and to the length of ballot | ||
| proposition language authorizing political subdivisions to issue | ||
| bonds or impose or change a tax. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 52.072, Election Code, is amended by | ||
| amending Subsection (e) and adding Subsection (f) 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 in an election of a political subdivision, | ||
| including a city, county, school district, or special taxing | ||
| district, submitted to the voters for approval of [ |
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| specifically state, as applicable: | ||
| (1) [ |
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| voter approval of the imposition or increase of a tax: | ||
| (A) [ |
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| tax or tax increase for which approval is sought; | ||
| (B) the estimated additional tax burden that | ||
| would be imposed on a homestead with a value equal to the median | ||
| homestead value in the political subdivision, as computed by the | ||
| appraisal district, after the imposition or increase of the tax, if | ||
| approved; and | ||
| (C) a detailed description of the purposes for | ||
| which the tax is to be imposed or increased, if approved; or | ||
| (2) [ |
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| seeks voter approval of the reduction of a tax: | ||
| (A) [ |
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| tax rate for which approval is sought; and | ||
| (B) the estimated tax reduction for a homestead | ||
| with a value equal to the median homestead value in the political | ||
| subdivision, as computed by the appraisal district, if the | ||
| reduction of the tax is approved. | ||
| (f) A proposition to which Subsection (e) applies or for | ||
| approval of the issuance of bonds may not exceed: | ||
| (1) 5,000 characters; or | ||
| (2) a different limit prescribed by the secretary of | ||
| state that ensures that the length of the proposition does not | ||
| exceed one page of the ballot or one screen on an electronic voting | ||
| machine. | ||
| SECTION 2. Chapter 1251, Government Code, is amended by | ||
| designating Sections 1251.001, 1251.002, 1251.003, 1251.004, | ||
| 1251.005, and 1251.006 as Subchapter A and adding a subchapter | ||
| heading to read as follows: | ||
| SUBCHAPTER A. PROVISIONS RELATING GENERALLY TO BOND ELECTIONS | ||
| SECTION 3. Chapter 1251, Government Code, is amended by | ||
| adding Subchapter B to read as follows: | ||
| SUBCHAPTER B. BALLOT PROPOSITION FOR BONDS ISSUED BY POLITICAL | ||
| SUBDIVISION | ||
| Sec. 1251.051. APPLICABILITY. This subchapter applies to | ||
| bonds issued by any political subdivision, including a | ||
| municipality, county, school district, or special taxing district. | ||
| Sec. 1251.052. FORM. A proposition seeking voter approval | ||
| of the issuance of bonds shall specifically state: | ||
| (1) a general description of the purposes for which | ||
| the bonds are to be authorized; | ||
| (2) the total principal amount of the bonds; | ||
| (3) the total amount of the political subdivision's | ||
| debt secured by ad valorem taxes currently outstanding; | ||
| (4) the total amount of the political subdivision's | ||
| current payments on debt secured by ad valorem taxes; | ||
| (5) the amount of taxes required to be imposed on a | ||
| homestead with a value equal to the median homestead value in the | ||
| political subdivision, as computed by the appraisal district, to | ||
| repay the political subdivision's current debt obligations secured | ||
| by ad valorem taxes; and | ||
| (6) the estimated tax burden that would be imposed on a | ||
| homestead with a value equal to the median homestead value in the | ||
| political subdivision, as computed by the appraisal district, to | ||
| repay the bonds to be authorized, if approved. | ||
| SECTION 4. The changes in law made by this Act apply only to | ||
| a ballot for 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, and | ||
| the former law is continued in effect for that purpose. | ||
| SECTION 5. This Act takes effect September 1, 2017. | ||
