reglab/housing_qa huggingface dataset:
TX Govt Code § 1301.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle D - Provisions Applicable to Securities Issued by Counties|Chapter 1301 - County Bonds|Section 1301.003. Limits on Issuance of Bonds

Sec. 1301.003.  LIMITS ON ISSUANCE OF BONDS.  (a)  The amounts of bonds issued under this chapter may not exceed:(1)  for courthouse bonds, two percent of the county's taxable values;(2)  for jail bonds, 1-1/2 percent of the county's taxable values;(3)  for joint courthouse and jail bonds, 3-1/2 percent of the county's taxable values;  and(4)  for bridge bonds, 1-1/2 percent of the county's taxable values.(b)  In determining the amount of the respective type of bonds to be issued, previous debt incurred for the same purpose as the bonds shall be considered.(c)  A county's total indebtedness for the purposes described by this chapter may not be increased by the issuance of bonds to an amount that exceeds five percent of the county's taxable values.(d)  The county's taxable values are according to the most recent appraisal roll.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1301.004 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle D - Provisions Applicable to Securities Issued by Counties|Chapter 1301 - County Bonds|Section 1301.004. Payment of Interest and Creation of Sinking Fund

Sec. 1301.004.  PAYMENT OF INTEREST AND CREATION OF SINKING FUND.  (a)  Taxes imposed to pay the interest on bonds issued under this chapter and to create a sinking fund for the redemption of those bonds may not exceed:(1)  25 cents per $100 valuation for courthouse or jail bonds;  and(2)  15 cents per $100 valuation for bridge or road and bridge bonds.(b)  If the principal of and all interest on bonds issued under this chapter are fully paid and a surplus not exceeding $1,000 remains in the sinking fund, the surplus may be used by the county to maintain and repair the courthouse, jail, roads, or bridges of the county, as determined by the commissioners court.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1302.001 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle D - Provisions Applicable to Securities Issued by Counties|Chapter 1302 - Destruction of County Security|Section 1302.001. Definition

Sec. 1302.001.  DEFINITION.  In this chapter, "county security" means a certificate, bond, interest coupon, or other evidence of indebtedness issued by a county.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1302.002 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle D - Provisions Applicable to Securities Issued by Counties|Chapter 1302 - Destruction of County Security|Section 1302.002. Authorization

Sec. 1302.002.  AUTHORIZATION.  The commissioners court of a county may contract with the county's depository or another entity that acts as the registrar or paying agent for a county security issued by the county for the destruction of a county security that has been issued and paid by the county.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1302.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle D - Provisions Applicable to Securities Issued by Counties|Chapter 1302 - Destruction of County Security|Section 1302.003. Limitation

Sec. 1302.003.  LIMITATION.  A contract under Section 1302.002 may not authorize the destruction of a county security before:(1)  the first anniversary of the date the county security is paid;  or(2)  the end of the third month after the date the depository, registrar, or paying agent files a list identifying the county security to be destroyed with the commissioners court or county treasurer.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1303.001 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle D - Provisions Applicable to Securities Issued by Counties|Chapter 1303 - Other Use of County Bond Proceeds|Section 1303.001. Use of Bond Proceeds for Owner-Controlled Insurance Program

Sec. 1303.001.  USE OF BOND PROCEEDS FOR OWNER-CONTROLLED INSURANCE PROGRAM.  A county may use the proceeds of bonds or certificates of obligation issued to pay for a county construction project to pay for an owner-controlled insurance program under which the county establishes and administers a consolidated insurance program for the project if the county's order authorizing the issuance of the bonds or other certificates of obligation authorizes the establishment of the program.|Added by Acts 2001, 77th Leg., ch. 564, Sec. 1, eff. Sept. 1, 2001.|
TX Govt Code § 1333.001 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1333 - Revocation of Unsold Municipal Bonds by Petition|Section 1333.001. Bond Revocation Election Required

Sec. 1333.001.  BOND REVOCATION ELECTION REQUIRED.  (a)  The governing body of a municipality shall order an election to determine whether to revoke bonds unsold for 10 years or more after the date the bonds are authorized to be issued if the governing body receives a petition signed by a number of registered property tax paying voters equal to 10 percent of the property tax paying voters voting in the most recent municipal election.(b)  The election shall be held on the first authorized uniform election date prescribed by Chapter 41, Election Code, that allows sufficient time for compliance with any requirements established by law.(c)  A municipality shall hold the election in the same manner as an election to issue bonds in the municipality.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1333.002 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1333 - Revocation of Unsold Municipal Bonds by Petition|Section 1333.002. Ballot Form

Sec. 1333.002.  BALLOT FORM.  At the election, the ballots shall be printed to permit voting for or against the following proposition:  "The revocation of the bonds."|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1333.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1333 - Revocation of Unsold Municipal Bonds by Petition|Section 1333.003. Election Results; Destruction of Bonds

Sec. 1333.003.  ELECTION RESULTS;  DESTRUCTION OF BONDS.  (a)  The governing body of the municipality shall record the results of an election held under this chapter in its minutes.(b)  If a majority of the qualified voters voting at the election vote in favor of the proposition, the governing body of the municipality shall revoke and burn the unsold bonds.(c)  The municipality shall send to the comptroller a certified copy of the minutes of the municipality showing the revocation and destruction of the bonds.(d)  On receipt of notice under Subsection (c), the comptroller shall cancel the registration of the bonds in the records of the comptroller.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1333.004 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle E - Provisions Applicable to Securities Issued by Municipalities|Chapter 1333 - Revocation of Unsold Municipal Bonds by Petition|Section 1333.004. Tax Adjustment Following Revocation

Sec. 1333.004.  TAX ADJUSTMENT FOLLOWING REVOCATION.  (a)  The governing body of a municipality that revokes bonds under this chapter shall adjust the tax rate in the municipality to account for any change caused by the revocation.(b)  The municipality by order shall refund taxes collected for payment of bonds revoked under this chapter, less any properly chargeable claims, ratably to the taxpayers.(c)  The treasurer of the municipality shall keep a receipt of taxes refunded under Subsection (b).|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1403.001 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle G - Specific Authority for State Government to Issue Securities|Chapter 1403 - General Obligation Bonds for Certain Border Colonia Projects|Section 1403.001. Definitions

Sec. 1403.001.  DEFINITIONS.  In this chapter:(1)  "Authority" means the Texas Public Finance Authority.(2)  "Commission" means the Texas Transportation Commission.|Added by Acts 2001, 77th Leg., ch. 950, Sec. 1, eff. Nov. 6, 2001.|
TX Govt Code § 1403.003 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle G - Specific Authority for State Government to Issue Securities|Chapter 1403 - General Obligation Bonds for Certain Border Colonia Projects|Section 1403.003. Set-Aside for Colonias Located in Rural Border Counties

Sec. 1403.003.  SET-ASIDE FOR COLONIAS LOCATED IN RURAL BORDER COUNTIES.  (a)  In this section:(1)  "Border colonia" means a border colonia as defined by commission rule under Section 1403.002.(2)  "Rural border county" means a county that:(A)  has a population of less than 55,000;  and(B)  is adjacent to an international border.(3)  "Set-aside" means a reservation of a portion of the proceeds from the sale of general obligation bonds and notes under this chapter to provide financial assistance for specific colonia access roadway projects proposed by rural border counties.(b)  The authority shall set aside an amount equal to 10 percent of the proceeds from each sale of general obligation bonds and notes under this chapter to provide financial assistance for colonia access roadway projects designed to pave roads serving border colonias located in rural border counties.(c)  The authority, as directed by the Texas Department of Transportation, shall provide a grant from the set-aside on a priority basis to a rural border county that proposes to pave for the first time a road serving a border colonia located in that county.|Added by Acts 2003, 78th Leg., ch. 320, Sec. 1, eff. June 18, 2003.|
TX Govt Code § 1403.004 (2021)
2021 Texas Statutes|Government Code|Title 9 - Public Securities|Subtitle G - Specific Authority for State Government to Issue Securities|Chapter 1403 - General Obligation Bonds for Certain Border Colonia Projects|Section 1403.004. Use of Grants for Project Materials or Equipment

Sec. 1403.004.  USE OF GRANTS FOR PROJECT MATERIALS OR EQUIPMENT.  A grant under this chapter may be used to purchase any materials or to lease any equipment as reasonably necessary to accomplish the goal of the project.  Materials purchased as permitted by this section must be used solely in connection with the project.  Equipment leased as permitted by this section must be used substantially in connection with the project throughout the period of the applicable lease.|Added by Acts 2003, 78th Leg., ch. 320, Sec. 1, eff. June 18, 2003.|
TX Govt Code § 1431.001 (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 1431 - Anticipation Notes|Section 1431.001. Definitions

Sec. 1431.001.  DEFINITIONS.  In this chapter:(1)  "Anticipation note" means a note issued under this chapter.(2)  "Eligible countywide district" means a flood control district or a hospital district the boundaries of which are substantially coterminous with the boundaries of a county with a population of three million or more or a hospital district created in a county with a population of more than 800,000 that was not included in the boundaries of a hospital district before September 1, 2003.(3)  "Eligible school district" means an independent school district that has an average daily attendance of 190,000 or more as determined under Section 48.005, Education Code.(4)  "Governing body" means the commissioners court of a county or the governing body of a municipality, eligible school district, or eligible countywide district authorized to issue anticipation notes on behalf of an issuer.(5)  "Issuer" means a county, municipality, eligible school district, or eligible countywide district issuing an anticipation note.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1183, Sec. 1, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 164 (S.B. 1107), Sec. 2, eff. September 1, 2007.Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 3.082, eff. September 1, 2019.|
TX Govt Code § 1431.002 (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 1431 - Anticipation Notes|Section 1431.002. Authority to Issue Anticipation Notes

Sec. 1431.002.  AUTHORITY TO ISSUE ANTICIPATION NOTES.  (a)  The commissioners court of a county by order, on the recommendation of the county auditor or the county budget officer, as applicable, or the governing body of an eligible countywide district may authorize the issuance of an anticipation note.(b)  The governing body of a municipality by ordinance may authorize the issuance of an anticipation note.(c)  The governing body of an eligible school district by order may authorize the issuance of an anticipation note.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1183, Sec. 2, eff. Sept. 1, 2001.|
TX Govt Code § 1431.003 (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 1431 - Anticipation Notes|Section 1431.003. Additional Authority of Counties and Certain Municipalities

Sec. 1431.003.  ADDITIONAL AUTHORITY OF COUNTIES AND CERTAIN MUNICIPALITIES.  (a)  This section applies only to an issuer that is:(1)  a county;(2)  a municipality with a population of 80,000 or more;(3)  an eligible school district;  or(4)  an eligible countywide district.(b)  Notwithstanding anything in this chapter to the contrary, the governing body may exercise the authority granted to the governing body of an issuer with regard to issuance of obligations under Chapter 1371, except that the prohibition in that chapter on the repayment of an obligation with ad valorem taxes does not apply to an issuer exercising the authority granted by this section.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1183, Sec. 3, eff. Sept. 1, 2001.|
TX Govt Code § 1431.004 (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 1431 - Anticipation Notes|Section 1431.004. Uses of Anticipation Note Proceeds

Sec. 1431.004.  USES OF ANTICIPATION NOTE PROCEEDS.  (a)  An issuer, other than an eligible school district, may use the proceeds of an anticipation note to pay:(1)  a contractual obligation incurred or to be incurred for:(A)  the construction of a public work;(B)  the purchase of materials, supplies, equipment, machinery, buildings, lands, and rights-of-way for the issuer's authorized needs and purposes;  or(C)  a professional service, including a service by a tax appraisal engineer, engineer, architect, attorney, mapmaker, auditor, financial advisor, or fiscal agent;(2)  operating or current expenses;  or(3)  the issuer's cumulative cash flow deficit.(b)  The governing body of an eligible school district may use the proceeds of an anticipation note to pay an obligation incurred or to be incurred for:(1)  a purpose described by Subsection(a)(1)(C), (2), or (3);  or(2)  the purchase of materials, supplies, equipment, or machinery for an issuer's authorized needs and purposes.(c)  For the purposes of this section, the cumulative cash flow deficit is the amount by which the sum of an issuer's anticipated expenditures and cash reserve reasonably required to pay unanticipated expenditures exceeds the amount of the issuer's cash, marketable securities, and money in an account that may be used to pay an issuer's anticipated expenditures, other than:(1)  money in an account the use of which is subject to legislative or judicial action or that is subject to a legislative, judicial, or contractual requirement that the account be reimbursed;  or(2)  the proceeds of an anticipation note.(d)  For the purposes of Subsection (c), an amount equal to one month's anticipated expenditures is presumed to be reasonably required as a cash reserve.(e)  An issuer, other than an eligible school district, may use the proceeds of an anticipation note or other obligation issued under Section 1431.015:(1)  for purposes described by Subsection (a); or(2)  to pay for:(A)  employee salaries;(B)  the lease of materials, supplies, equipment, machinery, buildings, lands, and rights-of-way for the issuer's authorized needs and purposes;(C)  the demolition of dangerous structures or the restoration of historic structures;(D)  economic development grants made under Chapter 380, Local Government Code; or(E)  the accomplishment of any other purpose the issuer considers necessary in relation to preserving or protecting the public health and safety.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1183, Sec. 4, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 929 (H.B. 3270), Sec. 1, eff. June 15, 2007.|
TX Govt Code § 1431.005 (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 1431 - Anticipation Notes|Section 1431.005. General Limitation

Sec. 1431.005.  GENERAL LIMITATION.  An issuer may not use proceeds of an anticipation note to repay interfund or other borrowing that occurred earlier than 24 months before the date of the ordinance or order authorizing the issuance of the note.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|
TX Govt Code § 1431.006 (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 1431 - Anticipation Notes|Section 1431.006. Limitation on Notes to Pay Expenses

Sec. 1431.006.  LIMITATION ON NOTES TO PAY EXPENSES.  (a)  Anticipation notes issued for the purposes described by Section 1431.004(a)(2) may not, in the fiscal year in which the attorney general approves the notes:(1)  for a municipality, exceed 75 percent of the revenue or taxes anticipated to be collected in that year;(2)  for a county or an eligible countywide district, exceed 50 percent of the revenue or taxes anticipated to be collected in that year;  or(3)  for an eligible school district, exceed 75 percent of the income of the district for the fiscal year preceding that year.(b)  This section does not apply to an anticipation note or other obligation issued under Section 1431.015.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1183, Sec. 5, eff. Sept. 1, 2001.Amended by: Acts 2007, 80th Leg., R.S., Ch. 929 (H.B. 3270), Sec. 2, eff. June 15, 2007.|
TX Govt Code § 1431.007 (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 1431 - Anticipation Notes|Section 1431.007. General Sources of Payment

Sec. 1431.007.  GENERAL SOURCES OF PAYMENT.  (a)  Except as provided by Subsection (b), a governing body may:(1)  provide that anticipation notes be paid from and secured by revenue, taxes, a combination of revenue and taxes, or the proceeds of bonds to be issued by the issuer;  and(2)  pledge to the payment of anticipation notes revenue, taxes, a combination of revenue and taxes, or the proceeds of bonds to be issued by the issuer.(b)  The governing body of a flood control district operating as a conservation and reclamation district that issues anticipation notes for one or more purposes described in Section 1431.004(a)(1) may:(1)  provide that the anticipation notes be paid from and secured by revenue or the proceeds of bonds to be issued by the issuer;  and(2)  pledge to the payment of the anticipation notes revenues or the proceeds of bonds to be issued by the issuer.(c)  A governing body issuing an anticipation note or other obligation under Section 1431.015 may:(1)  provide that the anticipation note or other obligation be paid from and secured by any revenue, including sales taxes, other taxes, a combination of nontax and tax revenue, the proceeds of bonds to be issued by the issuer, and reimbursements or other funds to be received from the Federal Emergency Management Agency or any other state or federal agency reimbursing or providing funds to the issuer for costs incurred as a result of the emergency; and(2)  pledge to the payment of the anticipation note or other obligation any revenue, including sales taxes, other taxes, a combination of nontax and tax revenue, the proceeds of bonds to be issued by the issuer, and reimbursements or other funds to be received from the Federal Emergency Management Agency or any other state or federal agency reimbursing or providing funds to the issuer for costs incurred as a result of the emergency.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.  Amended by Acts 2001, 77th Leg., ch. 1183, Sec. 6, eff. Sept. 1, 2001;  Acts 2003, 78th Leg., ch. 270, Sec. 2, eff. June 18, 2003.Amended by: Acts 2007, 80th Leg., R.S., Ch. 929 (H.B. 3270), Sec. 3, eff. June 15, 2007.|
TX Govt Code § 1431.008 (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 1431 - Anticipation Notes|Section 1431.008. Ad Valorem Taxes as Source of Payment

Sec. 1431.008.  AD VALOREM TAXES AS SOURCE OF PAYMENT.  (a)  A governing body may not issue anticipation notes that are payable from bonds secured by an ad valorem tax unless the proposition authorizing the issuance of the bonds:(1)  is approved by a majority of the votes cast in an election held by the issuer;  and(2)  states that anticipation notes may be issued.(b)  A governing body that pledges to the payment of anticipation notes an ad valorem tax to be imposed in a subsequent fiscal year shall impose the tax in the ordinance or order that authorizes the issuance of the notes.|Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.|