reglab/housing_qa huggingface dataset:
TX Govt Code § 1251.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle C - Provisions Applicable to Securities Issued by More Than One Type of Local Government|Chapter 1251 - Bond Elections|Subchapter A. Provisions Relating Generally to County and Municipal Bond Elections|Section 1251.003. Conduct of Election

Sec. 1251.003.  CONDUCT OF ELECTION.  (a)  The general election laws govern the election except as provided by this section.(b)  The order for the election must include the location of each polling place and the hours that the polls will be open.(c)  The election shall be held not less than 15 days nor more than 90 days from the date of the election order, subject to Section 41.001(b), Election Code.(d)  In addition to the notice required by Section 4.003(c), Election Code, notice of the election shall be given by:(1)  posting a substantial copy of the election order at:(A)  three public places in the county or municipality holding the election;  and(B)  the county courthouse, if the election is a county election, or the city hall, if the election is a municipal election;  and(2)  publishing notice of the election in a newspaper of general circulation published in the county or municipality holding the election.(e)  The notice required by Subsection (d)(2) must be published on the same day in each of two successive weeks.  The first publication must be not less than 14 days before the date of the election.(f)  To the extent of a conflict between this section and a municipal charter, this section controls.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1251.004 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle C - Provisions Applicable to Securities Issued by More Than One Type of Local Government|Chapter 1251 - Bond Elections|Subchapter A. Provisions Relating Generally to County and Municipal Bond Elections|Section 1251.004. Imposition of Tax

Sec. 1251.004.  IMPOSITION OF TAX.  At an election ordered on the issuance of bonds of a county or municipality, or of a political subdivision or defined district of a county or municipality, the governing body of the county or municipality shall also submit the question of whether to impose a tax on property in the county, municipality, political subdivision, or defined district to pay interest on the bonds and to provide a sinking fund to redeem the bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1251.005 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle C - Provisions Applicable to Securities Issued by More Than One Type of Local Government|Chapter 1251 - Bond Elections|Subchapter A. Provisions Relating Generally to County and Municipal Bond Elections|Section 1251.005. Ballot Proposition

Sec. 1251.005.  BALLOT PROPOSITION.  At the election, the ballots shall be printed to permit voting for or against the proposition:  "The issuance of bonds."|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1251.006 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle C - Provisions Applicable to Securities Issued by More Than One Type of Local Government|Chapter 1251 - Bond Elections|Subchapter A. Provisions Relating Generally to County and Municipal Bond Elections|Section 1251.006. Certain Bonds Exempted

Sec. 1251.006.  CERTAIN BONDS EXEMPTED.  (a)  Sections 1251.001, 1251.002, and 1251.004 do not apply to:(1)  refunding bonds of a county or municipality;  or(2)  bonds issued in an amount less than $2,000 to repair a building or structure that may be built using the proceeds of bonds.(b)  If bonds described by Subsection (a)(2) are issued, the aggregate principal amount of those bonds may not exceed $2,000 in a calendar year.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|This Subchapter B, consisting of Secs. 1251.051 to 1251.052, was added by Acts 2019, 86th Leg., R.S., Ch. 505 (S.B. 30), Sec. 4.See also another Subchapter B, consisting of Secs. 1251.051 to 1251.052, as added by Acts 2019, 86th Leg., R.S., Ch. 728 (H.B. 477), Sec. 4.
TX Govt Code § 1251.051 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle C - Provisions Applicable to Securities Issued by More Than One Type of Local Government|Chapter 1251 - Bond Elections|Subchapter B. Ballot for Debt Obligations Issued by Political Subdivision|Section 1251.051. Definitions

Sec. 1251.051.  DEFINITIONS.  In this subchapter:(1)  "Debt obligation" means a public security, as defined by Section 1201.002, secured by and payable from ad valorem taxes.  The term does not include public securities that are designated as self-supporting by the political subdivision issuing the securities.(2)  "Political subdivision" means a municipality, county, school district, or special taxing district.|Added by Acts 2019, 86th Leg., R.S., Ch. 505 (S.B. 30), Sec. 4, eff. September 1, 2019.|
TX Govt Code § 1251.052 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle C - Provisions Applicable to Securities Issued by More Than One Type of Local Government|Chapter 1251 - Bond Elections|Subchapter B. Ballot for Debt Obligations Issued by Political Subdivision|Section 1251.052. Form

Sec. 1251.052.  FORM.  (a)  The ballot for a measure seeking voter approval of the issuance of debt obligations by a political subdivision shall specifically state:(1)  a plain language description of the single specific purposes for which the debt obligations are to be authorized;(2)  the total principal amount of the debt obligations to be authorized; and(3)  that taxes sufficient to pay the principal of and interest on the debt obligations will be imposed.(a-1)  Each single specific purpose for which debt obligations requiring voter approval are to be issued must be printed on the ballot as a separate proposition.  A proposition may include as a specific purpose one or more structures or improvements serving the substantially same purpose and may include related improvements and equipment necessary to accomplish the specific purpose.|Added by Acts 2019, 86th Leg., R.S., Ch. 505 (S.B. 30), Sec. 4, eff. September 1, 2019.|This Subchapter B, consisting of Secs. 1251.051 to 1251.052, was added by Acts 2019, 86th Leg., R.S., Ch. 728 (H.B. 477), Sec. 4.See also another Subchapter B, consisting of Secs. 1251.051 to 1251.052, as added by Acts 2019, 86th Leg., R.S., Ch. 505 (S.B. 30), Sec. 4.
TX Govt Code § 1251.051 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle C - Provisions Applicable to Securities Issued by More Than One Type of Local Government|Chapter 1251 - Bond Elections|Subchapter B. Ballot for Debt Obligations Issued by Political Subdivision|Section 1251.051. Definitions

Sec. 1251.051.  DEFINITIONS.  In this subchapter:(1)  "Debt obligation" means a public security, as defined by Section 1201.002, secured by and payable from ad valorem taxes.  The term does not include public securities that are designated as self-supporting by the political subdivision issuing the securities.(2)  "Debt obligation election order" means the order, ordinance, or resolution ordering an election to authorize the issuance of debt obligations.(3)  "Political subdivision" means a municipality, county, school district, or special taxing district.|Added by Acts 2019, 86th Leg., R.S., Ch. 728 (H.B. 477), Sec. 4, eff. September 1, 2019.|
TX Govt Code § 1331.001 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1331 - Municipal Bonds|Subchapter A. General Provisions|Section 1331.001. Authority of Municipality to Issue Bonds

Sec. 1331.001.  AUTHORITY OF MUNICIPALITY TO ISSUE BONDS.  A municipality may issue bonds payable from ad valorem taxes in the amount it considers expedient to:(1)  construct or purchase permanent improvements inside the municipal boundaries, including public buildings, waterworks, or sewers;(2)  construct or improve the streets and bridges of the municipality;  or(3)  construct or purchase building sites or buildings for the public schools and other institutions of learning inside the municipality, if the municipality has assumed exclusive control of those schools and institutions.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 13, eff. Sept. 1, 1999.|
TX Govt Code § 1331.002 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1331 - Municipal Bonds|Subchapter A. General Provisions|Section 1331.002. Signatures

Sec. 1331.002.  SIGNATURES.  Bonds issued by a municipality under Section 1331.001 must be signed in the manner provided by the proceedings authorizing the issuance of the bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 14, eff. Sept. 1, 1999.|
TX Govt Code § 1331.051 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1331 - Municipal Bonds|Subchapter B. Provisions Applicable to Certain Municipalities|Section 1331.051. Limitation on Bonded Debt: Municipality With Population of 750,000 or More

Sec. 1331.051.  LIMITATION ON BONDED DEBT:  MUNICIPALITY WITH POPULATION OF 750,000 OR MORE.  (a)  This section applies only to a municipality with a population of 750,000 or more.(b)  The municipality, through the issuance of bonds payable from taxes, may incur total bonded debt in an amount not to exceed 10 percent of the total appraised value of property listed on the most recent appraisal roll for the municipality notwithstanding that the municipal charter limits the total dollar amount of bonded debt to a lesser amount.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1163 (H.B. 2702), Sec. 22, eff. September 1, 2011.Acts 2011, 82nd Leg., R.S., Ch. 1163 (H.B. 2702), Sec. 23, eff. September 1, 2011.|
TX Govt Code § 1331.052 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1331 - Municipal Bonds|Subchapter B. Provisions Applicable to Certain Municipalities|Section 1331.052. Authority of Home-Rule Municipality to Issue Bonds

Sec. 1331.052.  AUTHORITY OF HOME-RULE MUNICIPALITY TO ISSUE BONDS.  (a)  A home-rule municipality may issue bonds on the credit of the municipality to make permanent public improvements or for another public purpose in the amount and to the extent provided by its charter.(b)  A home-rule municipality may not issue bonds under this section unless the bonds have been authorized by a majority of the qualified voters of the municipality voting at an election held for that purpose.(c)  If a municipality was authorized under a special charter granted before June 30, 1913, to issue bonds, this section may not be construed as interfering with the issuance of bonds under that charter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1331.053 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1331 - Municipal Bonds|Subchapter B. Provisions Applicable to Certain Municipalities|Section 1331.053. Bond Sale Advertisement by Certain Home-Rule Municipalities

Sec. 1331.053.  BOND SALE ADVERTISEMENT BY CERTAIN HOME-RULE MUNICIPALITIES.  To receive competitive bids on the interest rate paid and the amount of the premium, the governing body of a municipality the charter of which requires that municipal bonds be advertised for sale after the bonds have been authorized and issued must advertise the bonds for sale and receive bids for the sale before adopting an ordinance authorizing the issuance of the bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1371.002 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter A. General Provisions|Section 1371.002. Construction

Sec. 1371.002.  CONSTRUCTION.  This chapter shall be liberally construed to achieve the legislative intent and purposes of this chapter.  A power granted by this chapter shall be broadly interpreted to achieve that intent and those purposes.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1371.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter A. General Provisions|Section 1371.003. Relationship to Other Law

Sec. 1371.003.  RELATIONSHIP TO OTHER LAW.  (a)  This chapter is wholly sufficient authority within itself for the issuance of obligations, the execution of a credit agreement, and the performance of the other acts and procedures authorized by this chapter or under any agreement, without reference to any other laws or any restrictions or limitations contained in those laws.  Any restrictions or limitations contained in other laws do not apply to the procedures prescribed by this chapter or to the issuance of obligations, the execution of credit agreements, or the performance of other acts authorized by this chapter.(b)  To the extent of any conflict or inconsistency between this chapter and another law or a municipal charter, this chapter controls.(c)  An issuer may use a provision of another law that does not conflict with this chapter to the extent convenient or necessary to carry out any power or authority, express or implied, granted by this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1310 (S.B. 968), Sec. 2, eff. June 15, 2007.|
TX Govt Code § 1371.004 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter A. General Provisions|Section 1371.004. Effect of Finding or Determination Under Delegation of Authority

Sec. 1371.004.  EFFECT OF FINDING OR DETERMINATION UNDER DELEGATION OF AUTHORITY.  A finding or determination made by an officer or employee acting under the authority delegated to the officer or employee under this chapter has the same force and effect as a finding or determination made by the governing body.|Added by Acts 1999, 76th Leg., ch. 1064, Sec. 16, eff. Sept. 1, 1999.|
TX Govt Code § 1371.051 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter B. Issuance and Approval of Obligation|Section 1371.051. Authority to Issue Obligation

Sec. 1371.051.  AUTHORITY TO ISSUE OBLIGATION.  As authorized and approved by the governing body of an issuer, the governing body may issue, sell, and deliver an obligation to:(1)  finance a project cost;(2)  refund an obligation issued in connection with an eligible project; or(3)  finance all or part of a payment owed or to be owed on:(A)  the establishment of a credit agreement; or(B)  the settlement or termination, at maturity or otherwise, of a credit agreement, whether the settlement or termination occurs:(i)  at the option of the issuer or the other party to the credit agreement; or(ii)  by operation of the terms of the credit agreement.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 769, Sec. 10, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1310 (S.B. 968), Sec. 3, eff. June 15, 2007.|
TX Govt Code § 1371.052 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter B. Issuance and Approval of Obligation|Section 1371.052. Transportation Authority Obligation; Election

Sec. 1371.052.  TRANSPORTATION AUTHORITY OBLIGATION;  ELECTION.  (a)  A transportation authority created, organized, and operating under Chapter 452, Transportation Code, may not issue an obligation, other than a refunding obligation, that is payable in whole or in part from its sales and use tax revenue and has a maturity longer than five years unless an election required by Section 452.352(b), Transportation Code, has been held and the proposition has been approved.(b)  An obligation that is exempt from the election requirement of Section 452.352(b), Transportation Code, by the terms of Chapter 452, Transportation Code, is also exempt from the election requirement of this section.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1371.0521 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter B. Issuance and Approval of Obligation|Section 1371.0521. Independent School District Obligation

Sec. 1371.0521.  INDEPENDENT SCHOOL DISTRICT OBLIGATION.  An independent school district may not issue an obligation under this chapter unless the obligation is authorized in accordance with Section 45.003, Education Code.|Added by Acts 2001, 77th Leg., ch. 769, Sec. 11, eff. Sept. 1, 2001.|
TX Govt Code § 1371.053 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter B. Issuance and Approval of Obligation|Section 1371.053. Obligation Authorization

Sec. 1371.053.  OBLIGATION AUTHORIZATION.  (a)  A governing body must adopt or approve an obligation authorization before an obligation may be issued.(b)  The obligation authorization must establish:(1)  the maximum amount of the obligation to be issued or, if applicable, the maximum principal amount that may be outstanding at any time;(2)  the maximum term for which obligations issued under the authorization may be outstanding;(3)  the maximum interest rate the obligation will bear;(4)  subject to Subsection (c)(2), the manner of sale of the obligation, which may be by public or private sale, the price of the obligation, the form of the obligation, and the terms and covenants of the obligation;  and(5)  each source securing payment of the obligation.(c)  The obligation authorization may:(1)  provide for the designation of a paying agent and registrar for the obligation;  and(2)  authorize one or more designated officers or employees of the issuer to act on behalf of the issuer from time to time in selling and delivering the obligation and setting the dates, price, interest rates, interest payment periods, and other procedures relating to the obligation, as specified in the obligation authorization.(d)  An obligation may:(1)  be issued in a specified form or denomination;(2)  be payable:(A)  at one or more times;(B)  in installments or a specified amount or amounts;(C)  at a specified place or places;(D)  in a specified form;(E)  under specified terms and details;  and(F)  in a specified manner;  and(3)  be issued as redeemable before maturity at one or more specified times.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 17, eff. Sept. 1, 1999.|
TX Govt Code § 1371.054 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter B. Issuance and Approval of Obligation|Section 1371.054. Rate of Interest

Sec. 1371.054.  RATE OF INTEREST.  (a)  An obligation may bear no interest or bear interest at any rate or rates not to exceed the maximum net effective interest rate allowed by law, whether fixed, variable, floating, adjustable, or otherwise, as determined in accordance with the obligation authorization.(b)  The obligation authorization may provide a formula, index, contract, or other arrangement for the periodic determination of interest rates.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1371.055 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter B. Issuance and Approval of Obligation|Section 1371.055. Execution of Obligation

Sec. 1371.055.  EXECUTION OF OBLIGATION.  (a)  An obligation may be executed, with or without a seal, with a manual or facsimile signature, as specified in the obligation authorization.(b)  The signature on an obligation of a person who is no longer an officer when the obligation is delivered to the purchaser is valid and sufficient for all purposes.(c)  A person's successor in office may complete the execution, authentication, or delivery of the obligation.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1371.057 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter B. Issuance and Approval of Obligation|Section 1371.057. Review and Approval of Obligation, Credit Agreement, and Contract by Attorney General

Sec. 1371.057.  REVIEW AND APPROVAL OF OBLIGATION, CREDIT AGREEMENT, AND CONTRACT BY ATTORNEY GENERAL.  (a)  Before an obligation may be issued or a credit agreement executed, a record of the proceedings of the issuer authorizing the issuance, execution, and delivery of the obligation or credit agreement and any contract providing revenue or security to pay the obligation or credit agreement must be submitted to the attorney general for review.(b)  If the attorney general finds that the proceedings authorizing an obligation or credit agreement conform to the requirements of the Texas Constitution and this chapter, the attorney general shall approve them and deliver to the comptroller a copy of the attorney general's legal opinion stating that approval and the record of proceedings.  After approval, the obligation or credit agreement may be executed and delivered, exchanged, or refinanced from time to time in accordance with those authorizing proceedings.(c)  If the authorization of an obligation or of a credit agreement provides that the issuer intends to refinance the obligation or a payment under the credit agreement with refunding bonds issued under Chapter 1207, then the obligation or payment shall be treated, for purposes of attorney general review and approval, as having the intended term and payment schedule of the refunding bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 19, eff. Sept. 1, 1999.Amended by: Acts 2005, 79th Leg., Ch. 1005 (H.B. 647), Sec. 2, eff. June 18, 2005.Acts 2007, 80th Leg., R.S., Ch. 1310 (S.B. 968), Sec. 5, eff. June 15, 2007.|
TX Govt Code § 1371.058 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle F - Specific Authority for State or Local Government to Issue Securities|Chapter 1371 - Obligations for Certain Public Improvements|Subchapter B. Issuance and Approval of Obligation|Section 1371.058. Registration

Sec. 1371.058.  REGISTRATION.  On receipt of the documents required by Section 1371.057(b), the comptroller shall register the record of the proceedings relating to the issuance of obligations or the execution of a credit agreement.|Added by Acts 1999, 76th Leg., ch. 1064, Sec. 19, eff. Sept. 1, 1999.|