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.
Spectrum: Partisan Bill (Republican 1-0)
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. |