reglab/housing_qa huggingface dataset:
TX Govt Code § 1435.051 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1435 - Bonds for Parks and Fairground Facilities in Certain Municipalities and Counties|Subchapter B. Bonds|Section 1435.051. Authority to Issue Revenue Bonds

Sec. 1435.051.  AUTHORITY TO ISSUE REVENUE BONDS.  (a)  To obtain money for a purpose described by Section 1435.003, the governing body of a municipality or county may, without an election, issue revenue bonds payable from and secured by a pledge of the net revenue from one or more of its park facilities or from leases of or contracts for the operation of the park facilities.(b)  A bond issued under this chapter must state on its face substantially the following:  "The holder of this bond is not entitled to demand payment of this bond out of money raised by taxation."|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1435.052 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1435 - Bonds for Parks and Fairground Facilities in Certain Municipalities and Counties|Subchapter B. Bonds|Section 1435.052. Maturity

Sec. 1435.052.  MATURITY.  A bond issued under this chapter must mature within 40 years.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1435.053 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1435 - Bonds for Parks and Fairground Facilities in Certain Municipalities and Counties|Subchapter B. Bonds|Section 1435.053. Duty of Governing Body

Sec. 1435.053.  DUTY OF GOVERNING BODY.  While the bonds are outstanding, the governing body of the municipality or county shall:(1)  enforce each lease or contract entered under Section 1435.004 and impose adequate fees, charges, and rentals to assure payment of the principal of and interest on the bonds as they become due;  and(2)  establish and maintain the funds as provided by the ordinance authorizing the issuance of the bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1435.054 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities|Chapter 1435 - Bonds for Parks and Fairground Facilities in Certain Municipalities and Counties|Subchapter B. Bonds|Section 1435.054. Execution of Bonds

Sec. 1435.054.  EXECUTION OF BONDS.  The bonds shall be executed as provided by law for municipal bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.001 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter A. General Provisions|Section 1471.001. Applicability of Chapter

Sec. 1471.001.  APPLICABILITY OF CHAPTER.  This chapter applies only to the following political subdivisions:(1)  a county, including a county operating under a special road tax law;(2)  a commissioners precinct or a justice precinct of a county;  and(3)  a road district.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.002 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter A. General Provisions|Section 1471.002. Conflicts of Law

Sec. 1471.002.  CONFLICTS OF LAW.  To the extent of a conflict between this chapter and Chapter 1204, Chapter 1204 controls.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.011 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.011. Authority to Issue Road Bonds

Sec. 1471.011.  AUTHORITY TO ISSUE ROAD BONDS.  (a)  In this section, "bonds" includes tax anticipation notes, bond anticipation notes, and other obligations.(b)  A political subdivision may issue bonds in the manner provided by this chapter and Section 52, Article III, Texas Constitution, to:(1)  construct, purchase, maintain, or operate a macadamized, graveled, or paved road or turnpike;  or(2)  aid a purpose described by Subdivision (1).(c)  An issuer of bonds under Subsection (b) may impose ad valorem taxes to pay the interest on the bonds and provide a sinking fund for the redemption of the bonds.(d)  The total amount of bonds issued under this chapter may not exceed one-fourth of the assessed value of real property of the political subdivision issuing the bonds.(e)  In determining the limitation imposed by Subsection (d), the assessed value of property of the political subdivision is the market value of the property as recorded by the chief appraiser of the appraisal district that appraises property for the political subdivision.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.012 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.012. Emergency Notes

Sec. 1471.012.  EMERGENCY NOTES.  (a)  If money is not available, a political subdivision may:(1)  declare an emergency to:(A)  pay the principal of and interest on bonds issued under this chapter any part of which is payable from taxes;  or(B)  meet any other need of the political subdivision;  and(2)  issue tax or bond anticipation notes to borrow the money needed.(b)  Notes issued under this section must mature not later than one year after their date.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.013 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.013. Tax Anticipation Notes

Sec. 1471.013.  TAX ANTICIPATION NOTES.  (a)  A political subdivision may issue tax anticipation notes authorized by Section 1471.012 for any purpose for which the political subdivision is authorized to impose taxes under Subtitle C, Title 6, Transportation Code.(b)  Tax anticipation notes must be secured by the proceeds of taxes to be imposed in the succeeding 12 months.(c)  The commissioners court may covenant with purchasers of the notes to impose a tax sufficient to pay:(1)  the principal of and interest on the notes;  and(2)  the costs of collecting the taxes.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.014 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.014. Bond Anticipation Notes

Sec. 1471.014.  BOND ANTICIPATION NOTES.  (a)  A political subdivision may issue bond anticipation notes authorized by Section 1471.012 for:(1)  any purpose for which bonds of the political subdivision have been previously approved at an election;  or(2)  refunding previously issued bond anticipation notes.(b)  A political subdivision may covenant with the purchasers of the bond anticipation notes to use the proceeds of sale of any bonds in the process of being issued to refund the bond anticipation notes.  An issuer making a covenant under this subsection shall apply the proceeds received from the sale of the bonds in the process of being issued to pay the principal of, interest on, or redemption price of the bond anticipation notes.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.015 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.015. Election on Issuance of Bonds: County

Sec. 1471.015.  ELECTION ON ISSUANCE OF BONDS:  COUNTY.  (a)  On the motion of the commissioners court or on receipt of a petition signed by a number of registered voters of the county equal to at least one percent of the total votes cast in the county in the most recent general election for governor, the court at a regular or special session shall order an election to be held in the county to determine whether the county shall:(1)  issue bonds to:(A)  construct, maintain, or operate a macadamized, graveled, or paved road or turnpike;  or(B)  aid a purpose described by Paragraph (A);  and(2)  impose taxes on all property in the county subject to taxation to pay the interest on the bonds and to provide a sinking fund for the redemption of the bonds at maturity.(b)  A petition submitted under Subsection (a) that designates a particular road or project or a portion of a road or project must be accompanied by a written estimate of the cost of the road or project prepared by the county engineer at the expense of the county.(c)  In addition to the requirements provided by Chapters 3 and 4, Election Code, the election order and notice of election under this section must state:(1)  the purpose for which the bonds are to be issued;(2)  the amount of the bonds;(3)  the rate of interest;  and(4)  that ad valorem taxes will be imposed annually on all taxable property in the county in amounts sufficient to pay the bonds at maturity.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.016 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.016. Petition for Election on Issuance of Bonds: Precinct or Road District

Sec. 1471.016.  PETITION FOR ELECTION ON ISSUANCE OF BONDS:  PRECINCT OR ROAD DISTRICT.  (a)  A commissioners or justice precinct or a road district may not issue bonds under this chapter unless a petition is submitted to the commissioners court of the county and an election is ordered under Section 1471.017.(b)  A petition under this section must:(1)  request the commissioners court of the county in which the precinct or district is located to order an election to determine whether:(A)  bonds of the precinct or district shall be issued in an amount stated to:(i)  construct, maintain, or operate a macadamized, graveled, or paved road or turnpike;  or(ii)  aid an activity described in Subparagraph (i);  and(B)  taxes shall be imposed on all taxable property in the precinct or district in payment of the bonds;  and(2)  be signed by:(A)  50 or a majority of the registered voters of the precinct or district;  or(B)  all of the owners of property in the precinct or district as determined by the county tax roll.(c)  On receipt of the petition, the commissioners court by order shall set the time and place for a hearing.  The date of the hearing may not be less than 15 days or more than 90 days after the date the commissioners court orders the hearing.  The county clerk shall immediately issue a notice of the time and place of the hearing.(d)  The notice of the hearing must:(1)  inform all interested persons of their right to appear at the hearing and contend for or protest the ordering of the bond election;(2)  state the amount of bonds proposed to be issued and describe the precinct or district by its name or number;(3)  for a district:(A)  include a description of the property comprising the district, including the district's estimated acreage and boundaries, described in a manner reasonably calculated to inform interested persons of the area comprising the district;  and(B)  include a map or diagram of the area reasonably calculated to show the boundaries of the district and the major roadways in or adjacent to the district;  and(4)  designate a county officer or employee from whom further details may be obtained.(e)  The clerk shall execute notice under this section in the same manner as required for an election under Section 1471.018.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.017 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.017. Hearing on and Determination of Petition: Precinct or Road District

Sec. 1471.017.  HEARING ON AND DETERMINATION OF PETITION:  PRECINCT OR ROAD DISTRICT.  (a)  At the hearing on a petition submitted under Section 1471.016, the commissioners court shall hear all matters pertaining to the proposed bond election.  Any interested person may appear before the court in person or by attorney and contend for or protest the calling of the proposed bond election.(b)  The commissioners court may order that an election be held in the commissioners or justice precinct or road district on the issue submitted in the petition if the court finds that:(1)  the petition is signed by the proper number of qualified persons;(2)  the required notice has been given;  and(3)  the proposed improvements would benefit all taxable property in the precinct or district.(c)  The commissioners court may change the amount of bonds proposed to be issued if at the hearing the court finds the change is necessary or desirable.(d)  The proposition submitted at the election must specify:(1)  the purpose for which the bonds are to be issued;(2)  the amount of the bonds;(3)  the rate of interest;  and(4)  that ad valorem taxes are to be imposed annually on all taxable property in the precinct or district in an amount sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity.(e)  A proposition meets the requirements of this chapter if it is in the following form:"Authorizing the (name of precinct or district) to issue its bonds in the total sum of $__________ and to impose annually ad valorem taxes on all taxable property in the (precinct or district) to pay the interest on the bonds and create a sinking fund to redeem the principal at maturity for the purposes of the purchase or acquisition of roads and the construction, maintenance, and operation of macadamized, graveled, or paved roads and turnpikes or in aid of those purposes inside or outside the boundaries of the (precinct or district)."|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.018 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.018. Notice of Election

Sec. 1471.018.  NOTICE OF ELECTION.  (a)  Notice for all elections held under this chapter must be given as required by Chapter 4, Election Code.  The commissioners court shall give notice of an election to be held for a commissioners or justice precinct or a road district by posting notice in at least three public places in the precinct or district and at the county courthouse door.(b)  The commissioners court may, in addition to the notice required by Subsection (a), prescribe that notice of an election or hearing for bonds to be issued for a precinct or district be given by mail to:(1)  each registered voter in the precinct or district;(2)  each owner of property in the precinct or district as shown on the tax roll of the county;  and(3)  each person having an interest in property in the precinct or district as may reasonably be ascertained.(c)  Notice given under Subsection (b) is effective when properly addressed and mailed.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.019 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.019. Results of Election

Sec. 1471.019.  RESULTS OF ELECTION.  The commissioners court may issue bonds on the faith and credit of the applicable political subdivision if two-thirds of the voters voting in the election approve the issuance of the bonds.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.020 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.020. Effect of Lack of Notice

Sec. 1471.020.  EFFECT OF LACK OF NOTICE.  Notice under Section 1471.016(d) or 1471.018(a) is not a prerequisite to and does not affect the validity of a hearing or election to which the notice relates.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.021 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.021. Maturity

Sec. 1471.021.  MATURITY.  A bond issued under this chapter must mature not later than 30 years after its date except as otherwise provided by this chapter.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.022 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.022. Designation of Bonds

Sec. 1471.022.  DESIGNATION OF BONDS.  (a)  Bonds issued under this chapter by the county as a whole must be designated as "__________ (name of county) County Road Bonds."(b)  Bonds issued under this chapter for a commissioners or justice precinct or a road district must:(1)  be designated as "Road Bonds";  and(2)  state on their face "The State of Texas," the name of the county, and the number or corporate name of the precinct or district issuing the bonds.(c)  Bonds issued under this chapter must state on their face that the bonds are issued under Section 52, Article III, Texas Constitution, and laws enacted under the constitution.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.023 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.023. Disposition of Bond Proceeds

Sec. 1471.023.  DISPOSITION OF BOND PROCEEDS.  (a)  The commissioners court has the custody and control of bonds or bond anticipation notes issued under this chapter until sold under Chapter 1201.(b)  The portion of the proceeds that represents capitalized interest shall be placed in the county treasury to the credit of the applicable political subdivision and may be used only to pay interest due on the bonds or bond anticipation notes.(c)  Money remaining from the proceeds after the amounts described in Subsection (b) are deposited and after the costs of the issuance of the bonds or bond anticipation notes are paid shall be placed in the county treasury to the credit of the available road fund of the applicable political subdivision to be used for the purposes for which the bonds were issued, including:(1)  payment of the following costs as approved by the commissioners court:(A)  surveying;(B)  creation;(C)  construction or acquisition;  or(D)  operation or maintenance;  and(2)  payment or establishment of a reasonable reserve to pay an amount equal to not more than three years' interest on the notes and bonds of the political subdivision, as provided in the bond order or resolution.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.024 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.024. Duties of County Treasurer

Sec. 1471.024.  DUTIES OF COUNTY TREASURER.  (a)  The county treasurer is the custodian of:(1)  all money collected under this chapter;  and(2)  all taxes collected to pay principal of and interest on bonds issued under this chapter.(b)  The county treasurer shall:(1)  deposit the money collected with the county depository in the same manner as other money of the county;  and(2)  promptly pay the principal of and interest on the bonds as they become due from the money collected and deposited for that purpose.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.025 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.025. Disbursement of Bond Proceeds by County Treasurer

Sec. 1471.025.  DISBURSEMENT OF BOND PROCEEDS BY COUNTY TREASURER.  (a)  The proceeds of county bonds may be paid out only by the county treasurer on warrants:(1)  drawn on the available road fund;(2)  issued by the county clerk;(3)  countersigned by the county judge;  and(4)  on certified accounts approved by the commissioners court.(b)  The proceeds of bonds issued on the faith and credit of a commissioners or justice precinct or a road district may be paid out only by the county treasurer on warrants:(1)  drawn on the available road fund of the applicable political subdivision;(2)  issued by the county clerk;(3)  countersigned by the county judge;  and(4)  approved by the commissioners court.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.026 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.026. Investment of Sinking Funds

Sec. 1471.026.  INVESTMENT OF SINKING FUNDS.  (a)  The commissioners court may invest money in a sinking fund accumulated for the redemption and payment of any bonds issued under this chapter in:(1)  bonds of the United States, this state, or a county, municipality, school district, or road district of this state;(2)  bonds of the federal Farm Credit System;  or(3)  certificates of indebtedness issued by the secretary of the treasury of the United States.(b)  Sinking funds accumulated for the redemption and payment of bonds issued under this chapter may not be invested in bonds the terms of which provide for a maturity date after the date of maturity of the bonds for which the sinking fund was created.(c)  Interest on an investment shall be applied to the sinking fund associated with the investment.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1471.027 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle I - Specific Authority for Counties to Issue Securities|Chapter 1471 - Bonds for County Roads|Subchapter B. Issuance of Bonds|Section 1471.027. Use of Bond Proceeds Outside Road District

Sec. 1471.027.  USE OF BOND PROCEEDS OUTSIDE ROAD DISTRICT.  A road district may use the proceeds of bonds issued under this chapter for road improvements located outside the district if the commissioners court finds that the improvements are reasonable, necessary, and beneficial to all taxable property in the district.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|